There have been plenty of rumors circulating about a new iPad mini, a product that could see pricing around the $199 mark. With conjecture on both sides of the aisle as to why an iPad mini makes sense, Ryan Jones does a great job in visually representing the reason for an iPad mini. Couple this graph along with Tim Cook’s statement on Apple conference call:
“…one thing we’ll make sure is that we don’t leave a price umbrella for people”
Looking at this graph and the recent product swell in the 7-inch tablet market (see Nexus 7, Kindle Fire), Jones’ argument is the proverbial nail hitting the head.
Source: Ryan Jones