Apple Unveils iPad Mini; Price Starts At $329!

Fans of Apple were treated to a special unveiling at a highly anticipated event in San Jose, California. We have the details after the jump.

Dubbed the iPad mini, the device is being touted as a next level, must-have device. Boasting a 7.9-inch screen, the iPad mini is one-third smaller than its 10-inch cousin and weighs less than a pound. The iPad mini is also 23% thinner than the full-sized iPad and will be released in stores nationwide on November 2nd. The price points are relatively comparable to the regular sized iPad, starting at $329 for the 16-gigabyte, Wi-Fi only version. Larger 32 GB and 64 GB versions will cost $429 and $529, respectively.

Much like the full-size iPad, the iPad mini has versions that connect with 3G and 4G cellular networks via the Verizon, AT&T or Sprint networks.

The cellular iterations, which will ship in mid-November, will cost $459, $559 and $659. Apple will begin taking pre-orders at the end of this week on Friday. The iPad mini will run Apple's much maligned iOS 6 software, complete with Siri and all of the other features available on the iPhone and larger iPad.