iPad Mini speculated to launch 23rd octAccording to the most recent speculations going on the Web, Apple is most likely to unveil its upcoming iPad Mini on October 23rd. However, there is not official announcement regarding this smaller version of the iPad.

Speculated to have a 7.85-inch tablet, the successor to ‘New iPad’ will hit the shelves in direct competition to other tabs of the same size such as Samsung Galaxy tab, Amazon’s Kindle Fire, and Google Nexus 7 tablet.

According to report in WSJ’s AllThingsD, “Apple will hold a special event this month, at which it will showcase a new, smaller iPad. People familiar with Apple’s plans, tell us that the company will unveil the so-called “iPad mini” on Oct. 23 at an invitation-only event”.

The site also speculates that the launching will occur at Apple’s Town Hall Auditorium, where iPhone 4S was also introduced.

This latest iPad Mini is expected to come with only Wi-Fi connectivity. Speculations say that there won’t be a 3G version of the tab, which means it will cost cheaper. It is expected the iPad Mini will have the same price as Nexus 7 and the Kindle Fire, as both the device are also Wi-Fi only. The Nexus 7 comes with access to Android v4.1 (Jelly Bean) as well as future Android releases. However, Apple’s iPad Mini will come out with the firm’s latest iOS 6.

Now it’s a matter of few days, whether we’ll actually see an iPad Mini this 23rd or not.