8GB iPad Mini to start at $320?

A possible inventory leak may have just told us how much Apple’s much-rumored iPad Mini will cost us.

A German blog, MobileGeeks, shows an 8GB WiFi-only version of the iPad Mini starting at $320. That price quickly shoots up to $450 for a 16GB version; $580 for 32GB; and $710 for 64GB.

If this price chart proves to be true, it might debunk the rumor that the iPad Mini will be WiFi only. An iPad Mini with 4G LTE, however, won’t come cheap, as many are hoping.

According to the price chart, an 8GB with 4G starts at $450; $580 for 16GB; $710 for 32GB; and $840 for 64GB.

The iPad Mini should measure in at 7.85-inches and be significantly thinner than the current iPad with Retina display.

While the prices might seem high to some Apple fans who were hoping to see a tablet priced between $199 and $249, the higher price could mean the smaller tablet will feature a Retina display, giving some extra reasons for iPad 2 users to upgrade to a 7-inch model.

If the rumor holds up that the iPad Mini will also feature 4G, Apple could sell many models, as it would appeal greatly to commuters who want to be able to surf the Internet, in addition to reading a good book.

Previous reports on Blorge this week point to the iPad Mini being announced on Oct. 23 at an event that will not only unveil the new tablet, but also heavily focus on the iBooks Store.

Will the iPad Mini succeed at these price points? It won’t be able to compete that aggressively against Google’s Nexus 7, which is rumored to drop its price to $99 by the holidays, and it won’t come close to Amazon’s $199 price point for its Amazon Kindle HD.

Whatever the price, we can expect first-time tablet buyers to go goo-goo-gah-gah over the iPad Mini and wait in line to be one of the first to put one in their fancy purse.

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