'iPad Mini' Pricing to Begin at Approximately $329

9to5Mac offered their suggestions related to the entry price point for Apple’s upcoming smaller iPad set to be released October 23rd. The entry price will be reportedly between the base model of the new, fifth-generation iPod touch ($299) and the currently shipping WiFi-only 16GB iPad 2 ($399). So, the base model of the smaller iPad will likely be priced at a minimum of $329 in the United States. A starting price of $329 makes sense. The new iPod touch will continue to be cheaper than Apple’s new tablet, while the smaller iPad’s pricing will also be nicely spaced under and between the new full-sized iPads.

Apple’s smaller iPad will also come in a version that connects to cellular networks. Like the third-generation iPad, these models will come at a $130 premium over their corresponding storage capacity in the WiFi-only line. This comes out to likely minimum price points of $459, $559, and $659 for the WiFi + Cellular line…

Nevertheless, the key starting price of $329 is considerably higher than the $199 entry level price of Google’s Nexus 7 and $159 price of Amazon’s Kindle Fire. However, with 250,000 iPad-optimized apps, large iTunes Music, TV Show, Podcast, and Movie collections, digital book reading and purchasing through iBooks, and Apple’s large, integrated ecosystem of other products and accessories, the premium will likely be worth the money for a lot of people this holiday season.