Mockup by CiccareseDesing. 

CiccareseDesign has quite a head-turning portfolio of Apple product mockups. Gorgeous, brave and imaginative… most are, however, poised to remain a wishful thought. Its newest rendering is especially interesting as it depicts what a rumored 7.85-inch iPad would look like compared to the existing 9.7-inch device. According to supply chain sources, Apple is set to release the iPad mini in 2012, with the production slated for the second quarter.

Another mockup is showcased after the break.

Of course, if such a device is on Apple’s roadmap, the company would be wise to equip the iPad mini with the same 1024-by-768 pixel resolution display found on the original iPad to avoid platform fragmentation and make the existing apps run without having to update with new assets and user interface changes. The mockup is a collaboration between CiccareseDesign and MacRumors.

Steve Jobs on the prospect of 7-inch iPad during a fourth quarter conference call in 2010 with a Wall Street analyst:

Wedge Partners’ Brian Blair  wrote in a note to clients today that Apple will stick to the 9.7-inch form factor:

Watch the video below to hear Jobs’ full comment on “the avalanche” of 7-inch tablets that were poised to enter the market shortly following the iPad’s April 2010 debut (also from the Wall Street analyst conference call):

[youtube=http://www.youtube.com/watch?v=qjt-y5EbJw0]