Apple is introducing the iPad Mini at some point today. It is regarded as a smaller version of the most successful tablet out there.

Analysts' guesses are all over the map, generally ranging from $249 to $349. And they're split on what Apple hopes to achieve with the iPad Mini, which is rumored to feature a 7.8-inch screen. (The traditional iPad clocks in at nearly 10 inches.)

I thought the iPhone was an iPad Mini. Think about it. It functions the same way an iPad does, only smaller. So sizewise it will be smaller than the iPad, but bigger than an iPhone.

Apple usually calls something like this, "The next big thing," yet I have to call it lazy. Come up with something revolutionary. Did Apple's innovation die with Steve Jobs? It sure looks like it.