Will the iPad Mini Lack This Key Feature?

Apple’s (NASDAQ:AAPL) iPad Mini, speculated to be announced next week, may not be capable of connecting to the Internet through 3G or 4G networks and instead rely solely on Wi-Fi. The Guardian, citing “industry sources”, also reported that there would be a revised version of the larger iPad featuring the Lightning dock connector and capable of running on the EE 4G LTE network in the U.K.

Limiting the iPad Mini to Wi-Fi only will help Apple keep its own costs down and allow it to price the tablet in the same range as its seven-inch rivals. Both Google’s (NASDAQ:GOOG) Nexus 7 and Amazon’s (NASDAQ:AMZN) Kindle Fire have a seven-inch screen and retail for $199, and also lack cellular connectivity.

Apple has been a huge winning stock pick for Wall St. Cheat Sheet Newsletter subscribers. Don’t waste another minute — click here and get more of our CHEAT SHEET stock picks now.

The iPad Mini is said to have a 7.85-inch display with a lower resolution than the 9.7-inch model currently available. Widely rumored to be unveiled on October 17, the tablet is expected to go on sale on November 2. Earlier this week, Apple was reported to have placed an order for 10 million iPad Mini units with its suppliers in Asia. Sterne Agee analyst Shaw Wu told clients in a research note that he believed the iPad Mini was “the competition’s worst nightmare” even if it was priced a little higher than rival devices.

The new eight-pin Lightning connector, introduced along with the iPhone 5, is incompatible with the 10-year-old connectors used by all previous iterations of the company’s mobile devices without an adapter.

EE, previously known as Everything Everywhere, is set to start offering the new high speed mobile network at the end of this month.

Don’t Miss: Apple’s Fall? It’s Just Shares On a Discount.