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This is the front of the iPad mini. As you will see in other pictures here, the black edges are much thinner than the iPad's. At first glance, the iPad mini appears to be all about the screen; however, it's unfortunate that Apple opted for a non-Retina display.
This is the back of the iPad mini. Nothing crazy, and the camera is positioned in essentially the same location as the 4th-generation iPad's.
This is the bottom of the iPad mini, where the only notable difference is seen. A new plug is present, as well as the appearance of stereo speakers in place of the corner-only speaker found on 4th-gen and prior iPads.
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.
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.
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.
With the iPad mini and the 4th-gen iPad comes a change to the text at the bottom on the back. Where the size of your model used to be indicated (as seen on the 3rd-gen iPad at the bottom of the pile), there is now just branding and other misc. information. To know how much space is in an iPad now, you must check system settings.
Some Apple devices have a history of bad WiFi connectivity, but here, it appears as though the WiFi cards are different in each new iPad. The menu on the left is on the 4th-gen iPad, which picks up more wireless networks than the iPad mini does, as seen on the right.
With the iPad mini making its debut into a similar form factor as devices like the Kindle Fire, I thought it would be apropos to compare them. Side-by-side, they don't look too far off from one another, which is demonstrated even better in the next image.
The angle of the photo makes it look as though the Kindle Fire isn't flush with the bottom or side of the iPad mini, but I assure you it is. My goal here was to capture exactly how far off these two devices are from one another size-wise. Interestingly, the iPad mini's width is just enough to make it not fit into pockets where the Kindle Fire will.
For those of you who want to see more of the iPad mini and the 4th-generation iPad, I uploaded an unboxing video to YouTube. It may give you a better representation of what these products look like in-hand instead of in fancy photographs.