There is not a day Apple doesn’t make headlines. This time around its reports about Apple’s mini iPad that has tech geeks up and awake. After a tech blogger had made revelations about a 7.85 inch iPad in the making, a Chinese web portal has claimed the mini iPad will indeed be available.

The portal NetEase has revealed the mini iPad will be available towards the end of this year. Sources reveal the mini iPad will compete against upcoming Windows tablets that are likely to hit stores in the third quarter this year. Reports on various tech websites suggest the mini offering by Apple will be priced between U.S. $245 and $270.

Reports reveal Pegatron and Foxconn are lending their expertise for development of the mini iPad. If Apple does introduce the mini iPad it will be something out of the ordinary. However, it’s a known fact that Steve Jobs was not too keen on taking a road that lead to the small tablet segment.