In the latest move which will intensify the competition in the tablet market, Apple Inc. reveal its latest and affordable version of iPad that is iPad mini. The new iPad mini comes with a 7.9 inch Retina display which is slightly smaller as compared to 9.5 inch display of iPad. Retina display is basically the same technology used in its big version.
The initial pricing of the new iPad mini starts at 329 $ for 16 GB version. It will be a Wi-Fi model only and pre order will start on 26th October. As a matter of fact, this will be the same date on which Microsoft will launch their latest Windows 8. Expected delivery date for the pre orders is expected to be 2nd November, 2012.
As far as the competition is concerned, this all new iPad mini will face some serious competition from Google’s Nexus tablet which is priced at Rs. 199$ and Amazon’s Kindle Fire which starts from just 149$. 329 $ for a mini version of iPad definitely looks quite unattractive. At 400 $ one can pick the 3rd generation iPad which i think is much better deal for Apple fan boys.
There is no indication on the expected launch date of the new iPad in India. In India tablet competition is much more competitive as compared to international market. Presently Indian tablet market is flooded with Rs. 6,000 tablets from various tablet manufacturers like Micromax, Karbonn etc. In this complex market pricing is one of the of most important factor to increase sales.
In the latest news form various business websites, the price of Apple shares fall by 20 per cent after the launch of iPad mini. This indicates that Wall Street is also not happy with the launch of iPad mini.