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Apple reportedly releasing smaller iPad
 
The Apple store on Fifth Avenue in New York City: The New York Times reports that Apple avoided paying an estimated $2.4 billion in federal taxes last year.
The Apple store on Fifth Avenue in New York City: The New York Times reports that Apple avoided paying an estimated $2.4 billion in federal taxes last year.
Danny Lehman/CORBIS

Apple's component suppliers in China tell The Wall Street Journal that they are prepping to produce a tablet with a significantly smaller screen than the current iPad's 9.7-inch display. Kindle tablets and the new mini-tablet from Google have 7-inch screens.

 

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