$299 iPad mini Could Cost Apple Just $189.32 To Build

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It's looking increasingly likely the iPad mini will get its own launch event in October.
It's looking increasingly likely the iPad mini will get its own launch event in October.

Take the back-of-the-envelope scribblings of a tech blogger with the appropriate degree of skepticism, but according to this breakdown of what the build-of-materials (BOM) cost of the upcoming iPad mini could be, Apple will sell their 7.85-inch tablet for $299 when it debuts later this year… and still make over $100 in profit on each unit sold.