Citing analyst Allan Yogasingam of the research firm, UBM TechInsights, Light Reading reported today that Apple is likely to make the widely expected 7-inch version of the iPad Wi-Fi only in an effort to keep the price tag of the device below $250.
I'd note that Amazon is only offering a WiFi version of the 7-inch version of the new Kindle Fire HD; that device is priced at $199. Amazon is offering an 8.9-inch version for $299; for $499 they double the memory and add 4G LTE capability.
Yogasingam said the device could also be lacking any back-mounted image sensor as a cost-saving move.
Apple is holding a product launch event Wednesday; expectations are that the company will debut the iPhone 5, but that the iPad Mini launch will be at a later date.
AAPL today is down $7.94, or 1.2%, to $672.50.