Apple plans to bring out 5 to 7 inch iPad for the next year probably in the first quarter of 2011. It will look smaller and cheaper version and you may find the iPad cost ranging $400. With the arrival of this proposed 5 to 7 inch iPad may not have any impact on the previous release. As you know already, on its first day itself apple has sold nearly 3000,000 iPads. So, we have to wait for the next year for arrival of this iPad and see how far it fulfills the expectations of the consumers. The first generation iPad has 9.7 inch LCD and LED backlit screen with IPS technology, and you are already familiar with the 3.5 inches screen sizes of iPhone and iPod touch.