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Apple's Surprising Number

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In this edition of MarketFoolery, host Chris Hill and analysts Joe Magyer and Tony Arsta look at Apple's most surprising number recently: the price of its iPad Mini.

At $329, the device is higher-priced than those of its nearest competitors, and actually a bit closer to their existing larger iPad device in price. Joe's initial impression is that the price was a little rich, but after a letting it sink in he's come around to the idea and thinks Apple will be able to pull off the premium price tag.

With that said, though, the guys do think there's a bit of product creep in Apple's portfolio, which stands in stark contrast to the Steve Jobs era of a slim and focused suite of products.

To read more about how this launch affects Apple's future, you must read our premium research report on Apple today. You can get instant access by clicking here now

Chris Hill owns shares of and Microsoft. Joe Magyer owns shares of and Google. Tony Arsta has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple,, Google, and Microsoft. Motley Fool newsletter services recommend Apple,, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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  • Report this Comment On October 28, 2012, at 5:20 PM, BlueLens wrote:

    I have an iTouch and a Kindle 2. Just ordered the iPad mini. Weary of reading short posts and articles on the iTouch small screen. Kindle is best for long articles and books. iPad is pricey and heavy for travel. iPad mini is the sweet spot for me. Ordered from Apple due to the recent end of Amazon CA sales tax exemption, which should help the state of CA budget as well as the Apple profit margin.

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