The iPad Mini is out, and this little tablet is going to mean very big things for Apple (NASDAQ:AAPL) in the months and years to come, and that means big things for Apple shareholders. In this video, Motley Fool analyst Eric Bleeker takes an extended look at everything you need to know about the iPad Mini. He takes us through the history of tablets, and how iPads went from being seen as "just big iPhones" to selling nearly 20 million units in the first year. He tells us why 2012 is the right time for the Mini, just as 2010 was the right time for its big brother. He talks about which products are competitive with the iPad Mini, and what could go wrong for the device down the road. He also gushes about what he loves about it, and why this isn't just the best 7-inch tablet on the market -- it's the future gold standard for the entire tablet market.

Austin Smith and The Motley Fool own shares of Apple. Eric Bleeker has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Apple. 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.