The iPad mini was supposed to be Apple’s answer to the slew of cheap tablets in the market. However while it is cheaper than its larger sibling, it is still noticeably more pricey compared to the likes of the Nexus 7 and the Kindle Fire HD. We guess Apple still wants to price themselves as a “premium” brand, but could a cheaper iPad mini be in the works? Rumor has it that a cheaper iPhone is in the works, so a cheaper iPad mini would not be a stretch of the imagination. According to a recent report by analyst Ming-Chi Kuo, he has suggested that Apple could be looking to launch an even lower priced iPad mini before the iPad mini 2.
Apparently this lower cost iPad mini will be used to compete against the likes of Android tablets and could see it priced at around $199 to $249. However there will be some compromises made in order to achieve such a low price point, and Kuo has indicated that in order to reduce costs, features such a rear-facing camera could be removed and cut storage down to a mere 8GB. Take this with a grain of salt for now, but if you have been holding off buying an iPad due to its price, would an even cheaper iPad mini such as the rumored device mentioned above be of interest to you?