New rumours claimed that tech giant Apple's upcoming miniature tablet, iPad Mini 2, will be released lin the later part of 2013 around Christmas and not in August.

For Apple to get to the top once again and keep ahead of its competitors, the launch of iPad Mini 2 and iPhone 6 is very crucial. Earlier there were reports of the iPad Mini being introduced in the market along with the next generation iPad 5 latest reports suggest a new schedule for iPad Mini production.

A recent report by a well-known Citi Research analyst says that Cupertino-based Apple is slashing the iPad Mini 2 price based on the existing $329 price of the iPad Mini. Even not hiking the price of the next-generation iPad Mini 2 will find great favour with Apple fans across the world.

Reasons for the production delay were not officially provided, but KGI Securities analyst Ming-Chi Kuo claimed in April that the iPad Mini 2 launch schedule will be later this year instead of the early predicted release date due to technical issues in the production process.

TechRadar stated that mid-August launch of iPad Mini looks certain at the moment. But to be true, we cannot be sure about it until Apple actually launches it in the market.

According to rumours, the iPad Mini 2 is speculated to feature a screen with a resolution of 2048 x 1536. This is almost four times the resolution of the present iPad Mini and is equal to the fourth-generation iPad that was released along with the iPad Mini in 2012. AU Optronics has been rumoured to be making displays for the iPad Mini 2.

Other specs include a more powerful dual-core A7 processor and a 7.9-inch screen. It will also feature a 10-hour battery life, a FaceTime HD camera, and an iSight camera with 1080 pixels HD video recording. Apple is also trying to reduce the thickness of the iPad Mini 2 by using Sharp's IGZO (indium gallium zinc oxide) technology in its screens.

However, the Cupertino-based company offers no official comment on the aforementioned rumours.