Why The iPad Mini Doesn’t Sell For $199

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Premium parts don't come cheap.
Premium parts don't come cheap.

The iPad mini is Apple’s answer to smaller Android tablets from the likes of Amazon and Google. But there’s a good reason why it doesn’t come with the same $200 price tag. A teardown has revealed that the new iOS device costs at least $188 to build, and that price rises when you add bigger storage options and 4G connectivity.