At the upcoming Tuesday, October 23, Apple event, the company is expected to announce an iPad mini at a $329 price point for the base model.

According to to5Mac’s sources, the entry price is being aligned to fall in between Apple’s latest iPod touch and the 16GB Wi-Fi-only iPad 2.

That price is a little high when most reports believed the iPad mini price to start at $249 or $299 to better compete with the Nexus 7 and Kindle Fire HD. That said, Apple charging premium prices for its devices is nothing new.

Charging more depending on memory capacity for the Wi-Fi-only models will also be offered, with the typical $100 increase in price to account for the extra storage, with 9to5Mac also reporting that cellular versions will also be available.

The question remains, will a starting price of $329 get people to purchase an iPad mini? What do you think? Share your thoughts with us in the comments below!

 

[via 9to5Mac]

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