Phone/tablet equals phablet, what does tablet/laptop equal?

Apple is hosting a media event next week and is expected to unveil new iPads and new Mac computers. New colors and fingerprint scanners also may be part of the lineup.

The big question is if the tech behemoth will unveil the rumored 12.9-inch iPad.

iPad, Apple, IOS, iphone
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Reports are out that production of the 12.9-inch iPad will be delayed as suppliers in China focus efforts to meet demand for the iPhone 6 and 6 Plus.

Read MoreApple delays production of larger iPad: Report

Apple's larger tablet will have an LCD screen with resolution similar to its existing 9.7-inch iPad Air.

"Apple is making so many different choices of size now it's almost like a Goldilocks effect," said Bridget Carey, senior editor at CNET.

Currently, the iPad comes in two sizes, 7.9 inches and 9.7 inches, while the MacBook Air also has two sizes—11.6 inches and 13.3 inches. So, where does that leave the 12.9-inch iPad?

"You have this confusion that happens over well do I need the bigger one, do I need the same smaller one? It definitely dilutes things," Carey said.

How consumers will react to a larger iPad is yet to be seen.

"You just put another color on it, that's not exactly innovative. So that larger screen is the part where you go, maybe I can use it for something else and consumers might be interested in upgrading but until then it's not that exciting just to see something that's larger," said Carey.

Apple will report quarterly earnings on Oct. 20.