A couple of hours ago we saw Apple unveil two new tablets, the iPad Air 2 and the iPad mini 3. If you were wondering what that means for the entire tablet lineup from Apple, well here’s your answer. The company is keeping around the iPad Air and both iPad mini as well as iPad mini with Retina display. However prices of all three tablets have been cut since the latest iPads now sit at the top of the food chain.

The first generation iPad mini will now start at $249 for the 16GB Wi-Fi only model. Apple SVP Phil Schiller noted during the keynote that this happens to be the lowest price point ever for an iPad, regardless of the fact that its running technology from two years ago.

The iPad mini 2, which brought Retina display to Apple’s relatively small tablet, can now be purchased starting at $299 for the Wi-Fi only model. Its a good deal if you’re out in the market for a tablet that’s powered by the A7 processor and has a Retina display. Interestingly, the processor in iPad mini 2 and iPad mini 3 is the same.

Last year’s flagship tablet, iPad Air, now starts at $399 for the Wi-Fi only 16GB model. But if you put down $100 more you can get the same configuration in iPad Air 2, which is not only significantly thinner than its predecessor, but faster and much more better in many ways.

These tablets are available for purchase at the updated prices right away. iPad Air 2 and iPad mini 3 will start shipping next week, pre-orders open up tomorrow.

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