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iPad mini and 4th-gen iPad: side-by-side
Here is a side-by-side comparison of the two latest iPad offerings. You can clearly see how mini the iPad mini is, but unfortunately, it's not mini enough to carry around in a pocket.
iPad mini and 4th-gen iPad: stacked comparison
Here, you can see just how down-sized the iPad mini is from its beefier counterpart. With usage between each model, it's quite clear that the 4th-gen iPad makes more sense to purchase, both in its capabilities and price range. With it, you get FAR more power, a MUCH more beautiful display, and the guarantee of the latest apps working without any special considerations.
4th-gen and 3rd-gen iPad comparison
Literally, the only external difference between the latest iPad revision and the 3rd-gen is the plug. For clarity, the top iPad is the latest, 4th-gen version.