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Oct 12 (Reuters) – Apple Inc is expected to take

the wraps off its highly anticipated mini iPad at an Oct. 23

invitation-only event, reported tech blog AllThingsD on Friday,

citing sources familiar with the company.

The event would come before Microsoft Corp unveils

its latest operating system, Windows 8, and its new Surface

tablet on Oct. 26.

An Apple spokesman declined to comment.

Speculation has been swirling for months that Apple was

planning a smaller, less expensive version of its popular iPad

to take on cheaper competing devices.

Apple shares were down 0.2 percent at $626.51 in morning

Nasdaq trade.