I know Apple will put out another iPad in or before march 2013. And some developer found a new iPad using his app on app analytics or something. Plus all these leaked ipad mini images and steve jobs being receptive to "a smaller ipad" and it would kind of fit with the sizes of the main devices being changed (iPhone/iPod Touch) I'll probably buy one to compliment my 5. I also think the price would have to be around $350 to effectively compete. No one is going to buy $500 for a 7.85 in tablet when the nexus is $300 cheaper. It can't be cheaper than the iPod Touch or else it would be pointless.