Phil Schiller took to the stage today during a special event in San Jose, California to reveal the iPad Mini to the masses. As noted, it has a 7.9-inch screen capable of a 1024x768 resolution (like the old iPad models). It has a 7.2mm thick aluminum shell, making it about half the weight of the fourth generation iPad.
If you want something larger than 16GB, expect to pay dearly for it. The $329 is for the 16GB Wi-Fi only model. A 32GB Wi-Fi model is $429, while a 64GB model is $529. If you'd rather have LTE, expect the base model to run you $459 with subsequent models going up in increments of $100. Meanwhile, a 16GB Nexus 7 is $249.
It touts a 10 hour battery life and will come in either black or white. Orders will start being taken on October 26 and it will ship out by November 2. I imagine there are people already lining up to get one.
(via The Verge)