Apple's website was quickly updated on Tuesday with the full keynote presentation of its new iPad mini, as well as a video extolling the features of the new $329 device.

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Apple Senior Vice President of Worldwide Marketing Phil Schiller took the wraps off the much-anticipated iPad mini on Tuesday, with the new device featuring a 7.9-inch display, a slim and lightweight 7.2 mm body and a starting price point of $329 for a 16-gigabyte Wi-Fi-only model.

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Apple at 10:00 am PT (1:00pm ET) today will host an event at San Jose's California Theatre to introduce a new member to its iPad family and likely show off a completely redesigned line of iMacs, among other advancements. Click here to be taken to AppleInsider's live blog of the event.

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With just a few hours to go before the anticipated unveiling of the "iPad mini," yet another series of components have leaked, this time purporting to show the Wi-Fi-, Bluetooth and GPS antennas.

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Apple has added a new channel to its Apple TV set-top box called "Apple Events" that will live stream the company's media briefing today. In addition, the event will also be streamed to iOS devices and Macs.

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With only hours to go before Apple's special event kicks off in San Jose, Calif., AppleInsider offers a collection of the latest news and rumors about the "iPad mini," 13-inch MacBook Pro with Retina display, and other products said to be in Apple's pipeline.

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At its media event on Tuesday, Apple reportedly plans to make a point of showcasing how its new, smaller iPad will be particularly useful in the classroom.

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A pair of images published on Sunday claim to show two Lightning dock connectors, one for Apple's much-rumored iPad mini and another bound for the fourth-generation 9.7-inch iPad.

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A preliminary breakdown of expected component and manufacturing costs finds that Apple is likely to spend $195 to $254 in building the various models of its rumored 7.85-inch iPad, and is projected to sell the tablets at lower-than-usual margin rates

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The appearance of the yet unreleased "iBooks 3.0" as a requirement for certain titles in Apple's iBookstore suggests the company will soon update its ebook client app for iOS, likely in conjunction with the release of iPad mini.

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The technology used in Apple's hotly-anticipated "iPad mini" will reportedly give the company a three to five year advantage over competitors, while the tablet itself is expected to protect against the emerging "midsize" device market positioned between the dominant iPhone and 9.75-inch iPad.

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Apple is expected to keep its usual release schedule and put the 7.85-inch iPad into the hands of consumers less than two weeks after it is announced.

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Tablet makers have failed to compete with Apple in the $400-and-up market segment, and a new, smaller iPad priced below $300 is only expected to make matters worse for the competition.

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Apple is bucking industry trends and outperforming its peers by creating its own growth through hardware and software innovation — an aggressive strategy that one analyst believes could lead to Apple phasing out the $400 iPad 2.

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New photos claiming to show a display panel for Apple's so-called "iPad mini," with an aspect ratio identical to the screen on Apple's traditional iPad.

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Apple's anticipated "iPad mini" is forecast to have a cannibalization rate of 20 percent, which would mean every five smaller iPads sold would take the place of one full-size 9.7-inch iPad.

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Apple on Tuesday sent out invitations for a media event that will be held in one week, where the company is expected to launch a handful of new products, headlined by a smaller iPad with a 7.85-inch display.

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Apple next week is set to launch a new, smaller iPad in 24 different configurations, suggesting four different storage capacities and two color options, AppleInsider has learned.

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The internal inventory system of a German electronics retailer shows Apple's so-called "iPad mini" available in 16 different models, beginning at 250 euros and going as high as 650 euros.

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Images of a purported "iPad mini" battery hit the web early Sunday, showing Apple's much-rumored 7.85-inch tablet may employ a 16.7 watt-hour battery, which would offer more energy than the cells found in Google's Nexus 7 and Amazon's Kindle Fire HD.

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