8th-Generation iPad Stocks Running Low Ahead of Next Week's Apple Event

Apple's entry-level iPad stocks are running low at retail stores and online, indicating an update to Apple's most affordable ‌iPad‌ could be in the offing and may even arrive as soon as this month.

Shipping times for the eighth-generation ‌iPad‌ have slipped into October with three to six week wait times, or are "currently unavailable" in the United States and other online markets, including China, Japan, and some countries in Europe.

With regard to the delays, Bloomberg journalist Mark Gurman says Apple has told retail employees "not to speculate why to consumers." Gurman adds: "Any guesses why?"

Gurman is alluding to rumors that Apple is near to launching a ninth-generation low-cost a 10.5-inch ‌iPad‌ with an updated A-series chip. The display size is expected to remain the same at 10.2 inches, but it is said to be thinner at 6.3mm, with a lighter overall design.

The tablet is rumored to include 4GB RAM with a Touch ID Home button and Lightning port. As with past versions of the ‌iPad‌, it will be aimed at students and those looking for an affordable tablet option.

Apple is also rumored to be working on a redesigned iPad mini, but that device is not expected to feature at next week's event. Apple is expected to hold multiple events in the remainder of this year, so we could see it in October or November instead.