Photos of a fully assemble iPad mini have surfaced online. Of course, no one knows for certain whether Apple intends to launch such a device. However, leak like this makes it a very high possibility that Apple will at some point.
According to the article in the MailOnline:
The Apple Mini is believed to sport an eight-inch screen, making it a shrunken version of the iPad’s ten-inches.
This will allow a higher degree of portability over previous models, and also give Apple the ammunition to compete with Google, which recently brought out a seven-inch range of Nexus tablets.
Apple.Pro also reports this is a 3G-capable model, meaning you can use data on the go.