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There it is, the long-telegraphed iPad mini has just been announced at Apple's late-2012 press conference. The 7.9-inch display device has the same 1,024 x 768 resolution as the iPad 2, which doesn't bode well for the elder slate's future. The new hardware is 7.2mm thick, .68 pounds heavy and has been manufactured with a new process with the same anodized edges as the iPhone 5. Phil Schiller has compared the device with Google's Nexus 7, claiming that the .9-inch increase in diagonal space gives Apple's slate 35 percent more display area.
Engadget
 

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Same resolution as iPad 2 so you can use iPad apps.
7.9 inch screen is 33% greater area than competitors 7 inch screen
Very impressive

16 GB for $329
32 GB for $429
64GB for $529

+ $130 for 3G.

Pre-order start Oct 26th
Wifi version ships Nov 2 including canada
 

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And they still have the iPad2 for $399. It will be interesting to see whether people go for the mini or spend $70 more for the full size.
 

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Canadian pricing same as U.S.

MARKHAM, Ontario―October 23, 2012―Apple today introduced iPad mini, a completely new iPad design that is 23 percent thinner and 53 percent lighter than the third generation iPad. The new iPad mini features a stunning 7.9-inch Multi-Touch display, FaceTime HD and iSight cameras, ultrafast wireless performance¹ and an incredible 10 hours of battery life²―every inch an iPad, yet in a revolutionary design you can hold in one hand. Apple today also announced the fourth generation iPad featuring a gorgeous 9.7-inch Retina display, new Apple-designed A6X chip, FaceTime HD camera and ultrafast wireless performance. Both iPad mini and fourth generation iPad come with iOS 6, the world’s most advanced mobile operating system with over 200 new features.

“iPad mini is every inch an iPad. With its gorgeous 7.9-inch display, iPad mini features the same number of pixels as the original iPad and iPad 2, so you can run more than 275,000 apps designed specifically for iPad,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “iPad mini is as thin as a pencil and as light as a pad of paper, yet packs a fast A5 chip, FaceTime HD and 5 megapixel iSight cameras and ultrafast wireless―all while delivering up to 10 hours of battery life.”

iPad mini comes in a beautiful new aluminum and glass design that is just 7.2 mm thin and weighs only 0.68 pounds. The 7.9-inch Multi-Touch display delivers the same iPad experience users have come to expect, in a design that has 35 percent more screen real estate than 7-inch tablets and up to an astonishing 67 percent more usable viewing area when browsing the web. The dual-core A5 chip delivers responsive graphics and a fast, fluid Multi-Touch experience, while still providing all-day battery life.

iPad mini features a front-facing FaceTime HD camera and a 5 megapixel iSight camera on the back with advanced optics for taking sharp still pictures and recording full 1080p HD video. The iSight camera includes video image stabilization and both cameras feature backside illumination to let users capture great pictures in low light. iPad mini also allows easy sharing of photos with friends and family using iCloud’s Shared Photo Streams.

iPad mini features dual-band 802.11n Wi-Fi support for speeds up to 150 Mbps,³ which is twice the Wi-Fi performance compared to previous iPad models. iPad mini is available in Wi-Fi + Cellular models which are world-ready with built-in support for ultrafast wireless standards, including LTE¹ and DC-HSDPA, so you can browse, download and stream content fast from wherever you are. iPad mini data plans will be available with no contract so you can simply sign up and activate service directly from your iPad.⁴ The Personal Hotspot feature means you can share a fast cellular data connection via Wi-Fi, Bluetooth or USB with up to five other devices such as MacBook Pro, iPod touch or another iPad.⁵

The new fourth generation iPad features the amazing 9.7-inch Retina display and includes a new Apple-designed A6X chip that delivers up to twice the CPU performance and up to twice the graphics performance of the A5X chip, all while delivering an incredible 10 hours of battery life in the same thin and light iPad design. Other new features include a FaceTime HD camera, twice the Wi-Fi performance when compared to previous iPad models and support for additional LTE carriers worldwide.⁶

iPad mini and fourth generation iPad both feature support for the Lightning connector that is smaller, smarter and more durable than the 30-pin connector. Lightning connector accessories are available to support cameras, SD cards and VGA or HDMI digital video.⁷ Existing iPad Smart Covers and the iPad Smart Case are compatible with fourth generation iPad, and new polyurethane Smart Covers custom-designed for iPad mini are available in pink, green, blue, light gray, dark gray and (PRODUCT) RED for $39.

iPad runs over 700,000 apps available on the App Store, including more than 275,000 apps designed specifically for iPad, from a wide range of categories including books, games, business, news, sports, health, reference and travel. iPad also supports the more than 5,000 newspapers and magazines offered in Newsstand and the more than 1.5 million books available on the iBookstore. The iTunes Store puts the world’s most popular online music, TV and movie store at your fingertips with a catalog of over 26 million songs, over 190,000 TV episodes and over 45,000 films. The new iBooks app for iPad lets users read ebooks in over 40 languages. iBooks also lets users experience an entirely new kind of ebook that’s dynamic, engaging and truly interactive. Ebooks created with Apple’s new iBooks Author offer gorgeous, fullscreen ebooks with interactive animations, diagrams, photos, videos, custom fonts, mathematical expressions and much more.

Pricing & Availability

iPad mini with Wi-Fi models will be available in black & slate or white & silver on Friday, November 2, for a suggested retail price of $329 (CAD) for the 16GB model, $429 (CAD) for the 32GB model and $529 (CAD) for the 64GB model. The fourth generation iPad with Wi-Fi models will also be available on Friday, November 2, in black or white for a suggested retail price of $499 (CAD) for the 16GB model, $599 (CAD) for the 32GB model and $699 (CAD) for the 64GB model.
 

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My Mom wanted an iPad, but wasn't fond of the large size, so this should be perfect for her. It would make a great gift at that price.
 

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I think more of a case of buy on the rumour sell on the News. Apple was up significantly yesterday. I believe the price after the drop was still above the Friday close.

Personally I think the iPad news is two homeruns. The latest iPad once again puts it out there as the premium device and I think the new mini will be a real blow to Android tablet sellers.
 

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Doesn't Apple stock usually drop some after an announcement? What Apple actually announces is different than most of the rumors leading up to it.

Personally I think the iPad news is two homeruns. The latest iPad once again puts it out there as the premium device and I think the new mini will be a real blow to Android tablet sellers.
I agree, I think his has been one of their better announcements for the past year or so.
 

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The stock went over $700 when the Iphone5 was announced. News for Apple always result in a major swing (either direction) that's usually corrected in a few days or weeks.

Anyway, I'm more concerned with Thursday's news than todays.
 

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Personally I think the iPad news is two homeruns. The latest iPad once again puts it out there as the premium device and I think the new mini will be a real blow to Android tablet sellers.
I don't think the iPad necessarily needed a refresh to be the premium device. It potentially hurts Google though if the Nexus 10 rumours are true, depending on the price point that hits.

I think the iPad Mini will hurt Android tablet manufacturers on the higher end, but the ~$200 set (Nexus 7, Kindle Fire, Nook Tablet, etc) still operate in a different market. I have no doubt the iPad Mini will sell, though I'd say the same if they launched at $399.
 

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TC, I worded that poorly. I really just meant to say that the iPad is now even more of a premium product. Only time will tell but I think the iPad mini will dent sales of Android tablets and Kindles. The presentation today was very convincing with the fact that a 7.9 inch screen was 35% bigger than the 7.1 inch screen. Also the fact that it runs native tablet apps really give the iPad Mini a bump over Android.
 

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Also the fact that it runs native tablet apps really give the iPad Mini a bump over Android.
Don't Android devices also have native tablet apps? I mean sure, there are fewer of them, but they still exist.
 

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Yes they have native tablet apps but the depth and breadth of iPad apps is much greater.
Also most tablet apps come out to iPad before Android.
 

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Well, there are few things I hate more than trying to browse a website on a mobile device and having it pop up a "please get the app for this website" message on you.

When consuming/reading content I hate apps because they tend not to inter-link with other pieces of content that are outside the silo that is the given publication. The web is just plain better in this regard.

I guess I'm saying that sometimes I wish the website thought I had a Android tablet instead of a iPad so it didn't try to pressure me towards the native apps all the time.

So it's not a bonus all the time.
 

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Well, there are few things I hate more than trying to browse a website on a mobile device and having it pop up a "please get the app for this website" message on you.
Chrome for Android allows you to request the desktop version and I believe you do not get those prompts. I assume Chrome for iOS has the same functionality.

The presentation today was very convincing with the fact that a 7.9 inch screen was 35% bigger than the 7.1 inch screen. Also the fact that it runs native tablet apps really give the iPad Mini a bump over Android.
How many average consumers actually watch the announcement events though? I'd bet it's a tiny minority. The iPad demo was also more than a little skewed; among other things they happened to pick an app that was tablet optimized for the iPad but not for Android.

If Google goes up on stage next week at their event and plays a movie on the iPad and on the Nexus 7 and shows that the extra screen real estate just results in black boxes, or they demo Google Maps directly against Apple Maps, does that change everything back again? Honestly, I think neither really moves the needle much.

The question is, will people be willing to pay a 65% premium ($200 vs $330) for an iPad instead of a Nexus 7, Kindle Fire, or Nook Tablet? We're also assuming that these same people are/were unwilling to pay a 100% premium for an iPad 2. Does that $70 make a huge difference? I don't believe so.

Like I said, I think it will sell, and I think it will sell very well. I just don't think it will sell to the majority of people who would have otherwise bought a $200 Android tablet. I think the market will be composed of people who might have bought a $300-350 10 inch Android tablet, or people who would never have considered an Android tablet at all but wanted an iPad (or another iPad) at a more reasonable price.
 
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