Apple announced the second-generation 7.9-inch iPad tablet during the company's Oct. 22 special event.
The iPad mini 2 will officially sport the Retina Display with 2,048x1,536 pixels and a pixel density of 326 pixels per inch (ppi).
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The iPad mini 2, also known as the iPad mini with Retina Display, will run twice as fast than the original tablet due to the 64-bit A7 chip and can last up to 10 hours of battery life.
The camera specifications are similar to the new iPad Air, such as the rear-facing camera with 5 megapixels and 1080p HD video.
The iPad mini is equipped with two antennas to support Multiple-In-Multiple-Out (MIMO) technology, which allows twice the Wi-Fi performance to the tablet at a "blazingly fast" data rate up to 300 Mbps, as Apple noted.
When it comes to prices, the 16GB iPad mini 2 is priced at $399, $499 for the 32GB model, $599 for the 64GB model, and $699 for the 128GB model.
The prices with cellular technology will increase the price of the second-generation tablet.
With the launch of the iPad mini 2, the original 7.9-inch tablet will get a price decrease to $299 for the 16GB model and $429 with cellular data.
In terms of a release date, Apple did not specify. Apple Senior Vice President of Worldwide Marketing Philip Schiller stated the new smaller tablet will launch later in November, which is a contrast to the iPad Air, which will debut on Nov. 1.
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