Last iPad Mini I bought in 2015 was 32gb for $379CAD, one today 11 years later is $949CAD for 128gb, 2.5x over 10 years, I know there is different tech, inflation and times are different but I always though the mini as the budget option, now with this recent releases Apple is just going for: it's expensive because that's the only way we can keep growing....
Exchange rate is also a factor.
The iPad mini hasn’t been the budget iPad for quite a few years now. It is more like a small iPad Air now.
It is a very rare event what is going on right now. The prices are mostly up due to memory shortage.
> I always though the mini as the budget option
Keeping up appearances:
Lease from $14.99/mo. per month for 36 mo.months with Apple Upgrade Footnote ※
8.7% annual inflation is pretty high but most luxury goods have kept up with that
Check Porsche 911 / Boxster pricing in Canada over those years or Chanel bags
Luxury inflation > normal inflation
Their budget iPad I think got 70% increased in price a couple of months ago. I was planning to upgrade my iPad mini to the normal 11inch iPad and when I checked the price it was nowhere near the price I remembered I last saw it.
The mini is not the budget option, at least not anymore. The base 11" iPad starts at $450 in the US (and can often be found on sale for less). It is the cost-down with lower-spec components, and is probably a more compelling product for the consumer looking for the cheapest iPad option than a cost-down mini would be.