At this point in time, the iPad mini retails for $329 a pop, making it the cheapest iPad from Apple to date, but if you were to compare it against the $199 and $249 Android-powered tablets, the iPad mini would then seem as though it has been priced at a premium, especially in the competitive 7” tablet market. Perhaps whispers of a new iPad mini 2 at approximately $249 might help change things for Apple in a long run, where the iPad mini 2 information was garnered from Citi Research who unfortunately do not seem to have such a solid backing for this particular rumor to turn out to be true.