'Apple iPad Mini 5' Release Date, Price & Specs: iPad Mini 4 Now $50 Off to Prepare for Next Gen iPad Mini [Where to Buy & Details]

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Apple fanatics and new users alike are excited for the company's next big release. It has been reported that the American brand is preparing for a big launching of the new Apple iPad Mini 5.

There have been a lot of rumors and speculations with regard to the new product's release and specifications. However, none has been confirmed yet by the company.

Inquisitr reported that Apple has authorized store owners to provide discounts for Macbook models and the iPad Mini 4.

"This week, Apple authorized resellers have marked down a selection of 16GB-128GB iPad mini 4s by $40 to $50. Meanwhile, big discounts are popping up here and there on individual 13- and 15-inch MacBook Pro configurations, like an instant $300 discount on the Early 2015 13″ MacBook Pro (3.1GHz 8GB 1TB)," as told in a statement gathered by the news outlet.

Although it was reported that the price mark down will only be available for consumers this week, people are starting to speculate that this could be part of the company's preparation for the next Apple releases including the Apple iPad Mini 5.

This could be the most exciting news for Apple fans since the launching of the iPad mini 4 in September 2015. When the mini 4 came out, people were surprised with the significant changes in design and specs. It received positive reviews from both critics and consumers because it came out as an upgraded version of the last model. Most gadgets new releases nowadays are merely the same as their predecessor.

Fans are now wondering if the new iPad mini 5 will be a much better version of the mini 4. Expectations are high and the pressure is on Apple to make sure they don't disappoint the consumers. As of the moment, fans are still waiting for the official announcement from the company with regard to the next product.

According to Mac World UK, the new iPad mini 5 will be thinner than its predecessor. It would be amazing if Apple can pull it off, considering that the mini 4 is already at an incredible 6.1mm. It is also rumored to have a new improved battery and a more durable chassis.

The company may stick with the 8 MP snapper, which is not going to matter that much since Apple gadgets are always known to produce good quality photos.

The Apple mini is now the best-selling Apple tablet; the release of the mini 5 could further solidify the gadget as the best Apple product next to iPhone.