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German Retailer Shows Price Point for Rumored iPad Mini

Source: Apple’s new iPad | Official Website

A German electronics retailer showed price points for Apple’s so-called iPad Mini for various models. Based on the retailer’s internal inventory system, the 7-inch tablet will become available in 16 different models, with price ranging from 250 euros to a whopping 650 euros.

A Peek at iPad Mini’s Purported Price Points

Industry website Mobile Geeks posted on Sunday the list of iPad Mini models that were claimed to be from Media Markt. The list shows an entry level Wi-Fi only 7-inch tablet with 8 GB of capacity, which costs 249 euros or about $320. In addition, the 64 GB model with cellular connectivity will cost 649 euros.

Additionally, the inventory indicates that Apple is planning to make its rumored device available in various models. That way, it could hit different price points. Aside from the entry-level unit, the iPad Mini is shown to be available in 16, 32, and 64 GB. It also comes with or without cellular connectivity.

Conflicting Price Points

However, the exchange rates for rumored prices posted on the inventory are less likely to be an indication of how much the device would cost in the United States.

The iPad 2, for instance, costs $399 in the United States and 399 euros overseas. On the other hand, the new iPad with Retina Display has a starting price of $499 in the U.S., while it costs 479 euros abroad.

In relation to this, there were price point overlaps between the Wi-Fi-only and cellular models. The 8 GB with cellular connectivity and 16 GB with Wi-Fi-only iPad Mini models cost the same.

Apple’s Upcoming iPad Mini Event

Rumors about the iPad Mini gained traction for the past weeks after news that Apple will hold a special event this month surfaced. According to speculation, the company’s upcoming event is made to unveil the 7-inch tablet.

In addition, Reuters indicated that the iPad maker is gearing up to take the wraps off the upcoming rumored device on October 23. There were also claims that it will be priced to compete against less expensive and smaller tablets from Amazon and Google.

Although the publication failed to name iPad Mini as the device to be announced, source close to the event claimed that the Cupertino-based company is set to launch a “new product” at a “major event” on October 23—a few days before Microsoft released its Windows 8 operating system and Surface tablet.

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