It's safe to say that Steve Jobs was wrong about the 7-inch tablet category, which even Apple competes in these days (iPad mini). As times goes on, you can expect to see even more smaller size tablets enter the market place, including the 7-inch Wikipad, which is scheduled to launch in the Spring of 2013. The Wikipad is built on top of an Nvidia Tegra 3 SoC foundation and is essentially a smaller (and less expensive) version of its 10-inch sibling, though it's geared for gaming.
"We wanted to get Wikipad into our community's hands and what we found was that the smaller 7-inch form factor just seemed right," said Fraser Townley (PDF), President of Sales, Wikipad, Inc. "The smaler frame delivers an aggressiv price while keeping the same amazing specs [as the 10-inch]."
Wikipad, Inc. tells Maximum PC that the 10-inch model is still on the company's roadmap and that its specs might change by the time it debuts, but beyond that, all lips were sealed.
As to the 7-inch model, it's a tablet built for gaming. It has an IPS display, 16GB of internal storage expandable via a microSD card slot, and a console controller-like layout with physical buttons, a D-pad, and an analog stick. It will feature Android 4.1 Jelly Bean out of the box, and is also one of the only tablets certified for Sony PlayStation Mobile.