7-Inch iPad Mini

Killian Bell:

[A] Technology Business Research analyst said Apple will launch two new products at its upcoming iPad event. And when we say “new,” we don’t mean a next-generation refresh — we mean something brand new

….

a smaller 7-inch iPad.

There is no chance. They may discount the iPad 2 (a la iPhone 4) to compete with cheaper devices, but there will not be an iPad Mini.