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A woman holds up an iPad with the iTunes U app after a news conference introducing a digital textbook service in New York in this January 19, 2012, file photo.

SHANNON STAPLETON/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 did not immediately respond for comment.

Story continues below advertisement

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.

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