The new Apple iPad is only 5 days on the market and already rumors of new iPad models appear.
Digitimes sees smaller iPad tablets coming in 2011. Their senior analyst Mingchi Kuo predicts that the iPad nano has a 5 to 7-inch screen size. The price for the iPad nano would be below $400.
I am not sure if an iPad nano is necessary to fill the gap between the iPod touch/iPhone and the current iPad.
More Apple iPad News.