It was just last month when Apple unveiled its newest iPhone, the iPhone 5. With speculation and tech gossip looming for months, the new iPhone quickly became the must-have gadget for Apple fans worldwide. “I feel the need to be the best,” said Timothy D. Cook, Apple’s chief executive, in a conversation after the event announcing the new device, the iPhone 5. Even before the phone hit the stores, pre-orders were mounting and on the official release day, people camped out in front the stores.

That was only a month ago.  Today, Apple has sent out exclusive invitations announcing an event for October 23rd at California Theatre in San Jose. The invitation as usual was vague and gave very little information. The invitation says, “We’ve got a little more to show you.” No other information was given, besides driving directions. But of course, you probably won’t have lucky using Apple Maps to get there.

The speculation swirling around the tech sites seems to think there’s a iPad mini on the way.  Rumor has it, that tablet would boast  a 7.85-inch screen and run on iOS 6.0. The new iPad mini, could serve up some stiff competition to the new  7-inch Kindle Fire HD, the Nexus 7, and Nook HD.

The October 23rd product event unveiling is purely speculation, but that’s how Apple works. Building momentum, with the element of surprise. But does the world need another Apple product? Considering the iPhone 5 isn’t that much smaller than the speculative iPad mini, aren’t they practically the same? And lets talk about price? Apple isn’t known for its affordable pricing, so this could possibly be another $400 plus item.

Are you looking forward to the Apple announcement? Would you buy an iPad mini?

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