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Whilst I don't doubt a smaller version will be offered sometime, I'd be amazed if we see it at Christmas - that's way too early in the product cycle to be adding a new model IMO. Let's be honest, there's no shortage of people ready and willing to stump up the asking price for the current iPad (which hasn't been rolled out to all countries yet either) so why would Apple give them the option of paying less - makes no business sense.
Pete
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