The 7.9-inch mini tablet was unveiled by Cupertino at today’s event.
Apple Senior Vice President of Worldwide Marketing Phil Schiller said the device was as “thin as a pencil,” at 7.2-millimeters thin and as “light as a pad of paper,” weighing 0.68 pounds.
The new iPad mini weighs 68 percent less than its full-sized counterpart, which makes it light enough to be held easily in one hand.
The tablet comes with a 1,024-by-768-pixel resolution, a 5-megapixel iSight camera, 802.11n Wi-Fi, LTE capability, faster Wi-Fi and a 10-hour battery life.
It is powered by a dual-core Apple A5 processor and features the new Lightning connector.
The iPad mini pricing starts at $329 for the 16 GB Wi-Fi model, $429 for the 32 GB Wi-Fi model and $529 for the 64 GB Wi-Fi model.
The models with cellular capability cost $459 for the 16GB model, $559 for the 32GB version and $659 for the 64GB model.
Similar to the iPhone 5, the iPad mini is available in black and white colors and features “black and slate” and “white and silver” options.