NPD DisplaySearch analyst Richard Shim predicts bad news on the Retina display-equipped iPad mini front, and suggests that Apple fans may not see the product launch until 2014.

Though Apple is expected to refresh its small-size iPad in fall, Shim argues that we won’t see the Cupertino, Calif. company add a high-resolution Retina display to its product until next year. Rather, he anticipates that 2013 will feature an iPad mini refresh that adds an Apple A6 processor and a thinner design to the product.

Shim explains:

Apple is expected to refresh its iPad mini in the second half of the year. The new iPad mini will continue to use a 7.9-inch display with a 1024×768 resolution, but it will use the iOS 7 operating system and an A6 processor, in a slimmer design than the current generation. Another iPad mini is also planned for production but not until early 2014. That device is expected to feature a QXGA (2048×1536) resolution display and the iOS 7 operating system.

Before believing Shim outright, however, readers should note that the analyst previously predicted that a Retina display-equipped iPad mini would launch this year, and would be closely followed by a further release in early 2014. He now goes back on this argument in order to offer the above prediction.

Apple will, of course, launch a Retina display-equipped iPad mini at some point, though when exactly this will be remains a mystery. We’ll keep you updated with further information as we receive it.

In the meantime, see: Apple Wins Cannes Lions Grand Prix For iPad mini Print Ad CampaignForget September: Apple’s iPhone 5S Set For October Launch, Report Suggests, and DigiTimes Claims Next-Gen iPad mini Production Could Be Postponed.