Later this year, the iPad Mini 2 release date will finally put to rest a series of rumors and wild speculation as to the future of Apple’s famed mini-tab. However, it’s now beginning to look as though those hoping to take home an iPad Mini 2 will have to be willing to fork-out considerably more than expected, unless Apple is willing to significantly reduce profit margins this time around…which is of course beyond improbable.
According to new reports published by DigiTimes this week, the inclusion of a Retina display panel this time around would see the production costs of the iPad Mini 2 increase to over $200. While there is at present little to no means by which such reports can be verified or refuted, DigiTimes is well-reputed for its insights into display technology.
Including the various other components and lighting-systems that would be needed to power the iPad Mini 2’s Retina panel, this time around the Cupertino company could be looking at production costs 30% higher than those of the current iPad Mini.
While this by rights does not rule out the possibility of Apple offering this year’s iPad Mini 2 for the same price as the current iPad Mini, it would seems to completely abolish the notion of the second-generation mini iPad launching at a price to rival the likes of the Google Nexus 7 and the Amazon Kindle Fire.
Nevertheless, confidence in the fate of the iPad Mini 2 is so high that analysts the world over had already concluded that it has every chances of taking a significant bite out of the full-sized iPad’s market share, as the world’s love-affair with smaller 7-inch tablets deepens by the day. In fact, projections for the rest of the year indicate that 7-inch tablets and those in the same category will ship in numbers as high as 240 million for 2013, which could represent up to 60% of the entire global tablet PC market for the year.