NEW YORK ( TheStreet) -- The Apple ( AAPL - Get Report)headlines of the day include news that the company may be releasing an iPad Mini after all, the surfacing of details about the new mobile operating system, and indications that the refreshed MacBook Pro may disappoint. The rumors of an iPad Mini have been around seemingly forever, but now Wall Street analysts are starting to speak about the device with greater frequency. This may suggest that there may be some truth behind the speculation.
Topeka Capital Markets analyst Brian White made mention of the device in a research note on Tuesday, as he visits supply chain contacts in Taiwan. White believes the device could be launched in September, which he described as an "exciting" month for Apple. The oft-rumored miniature tablet would be priced lower than the entry-level iPad 2 ($399). It would not only cater to price-conscious buyers, but could bring in schools as buyers as they seek to integrate the iPad into the learning process. White rates Apple shares as a buy with a $1,001 price target. Apple is widely expected to refresh its computer line at the Worldwide Developer Conference next week. Leaked spec sheets, which may not be accurate, could leave consumers underwhelmed at the upgrades the MacBook Pro is set to receive. The 13-inch MacBook Pro may not come with Retina Display, but rather a 1280 x 800 resolution screen. In addition, the updated laptop would have an Intel ( INTC) Ivy Bridge processor, two USB 3.0 ports, and other features. Apple reportedly plans to launch the next version of its mobile operating system, iOS 6, at WWDC next week. BGR has a list of features to be included with the newest operating system. Included in the list are a new map app, automatic app updates, Facebook ( FB) integration, and Siri for iPad. Shares of Apple were lower in midday trading, off 1.06% to $558.33. Interested in more on Apple? See TheStreet Ratings' report card for this stock. Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices. -- Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_Bull