Apple announces 7.9" iPad Mini starting at $329

Apple has announced a 7.9-inch iPad mini. The iPad is smaller enough to fit in one hand and weights. The16GB WiFi-only iPad mini is priced $329. The price is $30 more than the entry level 32GB 4-inch iPod Touch. The processor in the new iPad is A5, the same as the 3rd-generation iPad and the new iPod Touch and the smaller tablet is 7.2mm thick.

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iPad mini also comes in 32GB and 64GB models and WiFi_Cellular models in all three capacities.

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Apple has updated the iPad with a new, faster A6X processor. iPad 2 is still kept in the same $399 price and the third generation iPad is replaced by the fourth generation iPad.

In addition to introduction of new iPad and updates to iPad, Apple has also announced the 13-inch Retina Display Macbook Pro, updated Mac mini, and a newly re-designed thinner version of iMac lineup.

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