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Apple Inc said its sales of Wi-Fi only iPads had doubled from its last launch as it sold 3 million in the three days since the introduction of the two newest versions of its popular tablet computer.

Scott Forstall, who has run software development for Apple's iPad and iPhone products, and John Browett, the head of the company's retail operations, are leaving Apple, in a rare management reshuffling at the company.

Investors are sending Apple's stock below $600 for the first time in three months, after the consumer electronics behemoth reported earnings for its latest quarter that missed expectations and warned that profits in the holiday quarter would fall from last year....

Apple Inc. regained some momentum in its fourth quarter, selling more iPhones than expected while triggering some concerns about the iPad. But the results ratcheted up the pressure on the company for the current holiday quarter. The company is preparing to market a new set of products and is grappling with making enough iPhones.

Apple Inc's "iPad mini" will attract new customers but the higher-than-expected price will come as a relief to low-cost tablets such as Amazon.com Inc's Kindle, analysts said, in a muted reaction to the new tablet.

The full-sized iPad is like a hardback book. The new iPad Mini is the paperback version many tablet users have been waiting for.

The smaller device will officially be called the iPad Mini and be priced starting at $329, pricey when compared with popular 7-inch tablets like the Kindle Fire and Nexus 7, which start at $199. The iPad Mini will have a screen slightly smaller than 8 inches -- the original iPad has a screen just under 10 inches -- while having the same screen resolution of the larger version.

The rumors surrounding Apple's press event, scheduled for Oct. 23, are deafening. Will the Cupertino-based company announce a smaller iPad? (It had better.) Will the company offer up a 13-inch MacBook Pro with a Retina display? (Very likely!) How about an Apple-branded coffee maker? (No.)

Wow, tomorrow’s the big/little day when Apple will hopefully unveil the long-rumored iPad mini. Alongside the smaller tablet it’s speculated that we’ll see a few updates to the Mac lineup and a UI update to the popular iBooks app. What has been quietly whispering in the background is the possibility that Apple would tweak the current full-sized iPad by expanding 4G compatibility and swapping out the old 30-pin dinosaur dock in favor of the new Lightning connector debuted at the iPhone 5 launch event last month.

Apple has lost its appeal against a ruling that cleared rival Samsung of copying its registered designs for tablet computers, in a decision which could end the two firms' legal dispute on the subject across Europe.