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Rumor: Apple working on updated iPad mini for late 2023/early 2024 release

Per noted analyst Ming-Chi Kuo of TF International Securities, Apple is currently working on a new version of the iPad mini, with mass shipments expected to start towards the end of 2023 or in the first half of 2024.

Kuo released a series of tweets on Tuesday stating that Apple will include a new processor/chip in the updated mini, thereby suggesting that the tablet will only receive a speed bump. The current iPad mini was released in September 2021 and features an 8.3-inch display, A15 Bionic chip, USB-C port, Touch ID power button, 5G support on cellular models, and more, with pricing starting at $499 in the U.S. with 64GB of storage.

Kuo did not offer additional details as to the upcoming iPad mini, but stated that Apple is unlikely to replace the iPad mini with a foldable iPad through 2025 at least, as he believes that a foldable iPad would have a markedly higher price than an iPad mini.

Stay tuned for additional details as they become available.

Via MacRumors and @mingchikuo