“Apple gave fans the mini-moment they had been waiting for Tuesday morning, introducing a smaller iPad to the world during a presentation at the California Theatre,” Patrick May, Jeremy C. Owens and Troy Wolverton report for The San Jose Mercury News.

 
“The smaller device will officially be called the iPad Mini and cost $329 and up,” May, Owens and Wolverton report. “[That's] picey when compared with popular 7-inch tablets like the Kindle Fire and Nexus 7, which start at $199.”

 

MacDailyNews Take: Why would you compare a device offering 275,000 apps, finely crafted out of aluminum and glass, not plastic, with a 2mm thin display that offers over 35% larger screen area, 50% larger for surfing the Web in portrait, and 67% larger to surf the Web in landscape versus cheap app-less tiny screen tablets? iPad mini si not “pricey” at all. It’s the least expensive iPad in the world.

May, Owens and Wolverton report,” Global Equities analyst Trip Chowdhry… [said] in an email not long after it ended that ‘Innovation at Apple is over… The best is over for Apple. iPad Mini is playing catch up to Google Android, probably will have a mediocre customer adoption.”

Read more in the full article here.

MacDailyNews Take: iCal’ed for copious future use.

And, BTW, Apple can’t play “catch up” with anyone. Apple invented the modern multi-touch tablet. As with smartphones, Android devices are mere mimicry of Apple’s innovations*.

“Apple is selling Cadillacs to people who can no longer afford them.” – Global Equities analyst Trip Chowdhry, remarking on Mac prices, October 21, 2008

Four years later:
• Mac is #1 desktop and #1 notebook in the U.S.
• Mac consistently named #1 in customer satisfaction and reliability
• Mac unit sales have outgrown the Windows PC market in every quarter for the last 6 years straight

Learn a new refrain; yours is tired and wrong, Chowderhead.

*Here’s what Google’s Android looked like before and after Apple’s iPhone:

Google Android before and after Apple iPhone

Related articles:
Apple’s iPad mini destroys cheap, tiny screen Android tablets from Amazon, Google, et al. – October 24, 2012
Newsflash: Apple sells premium products at premium prices to premium customers – October 23, 2012
Mashable hands on with Apple iPad mini: A one-handed wonder – October 23, 2012
Starting at $329: Is Apple’s new 7.9-inch iPad mini too expensive? – October 23, 2012
Apple debuts 7.9-inch iPad mini; unveils new 4th gen. iPad with 9.7-inch Retina display – October 23, 2012