Brian White of Ticonderoga Securities believes that Apple will launch a 7-inch Retina Display iPad with 128GB of memory next year, according to AppleInsider.

Brian White of Ticonderoga Securities said this week that suppliers contacted during a trip to Taipei indicated that Apple plans to launch a new iPad in the first quarter of the 2011 calendar year. In addition to having a smaller 7-inch size, he also said the device will have a "micro or mini USB" port.

Goldman Sachs also predicted a 7-inch iPad and that the device would be getting mini-USB, in a late September report.

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