According to Cory Johnson, Apple is set to unveil two big new updates to the iPad at an October 16 event:
BREAKING: Apple new devices to be unveiled at Oct. 16 event will include a new 9.7" iPad and a new iPad mini. $AAPL
— Cory Johnson (@CoryTV) October 3, 2014
The new 9.7” iPad may be the same as current models, but with snazzy new colors like gold. While it may seem kind of silly and frivolous, color changes have been shown to boost sales with other Apple products, and the iPad certainly could use some sprucing up.
As of now, it's unclear what changes will be coming to the mini, but everything from a faster processor to more hard drive space could be on the table.
[via Twitter]