Here is a brief description of all the Apple products launched Tuesday.
The 32GB iPod Touch for $299 has a four-inch retina display. The iPad mini starts at $329 and comes with a 7.9 inch screen. The iPad 2 starts at $399 and the iPad with the famed Retina display starts at $499, both of which come with a 9.7-inch diagonal screen.
Technically the new mini is closer to the iPad in size than it is the iPod Touch. It is still not such a stretch that we think of this as a larger iPod Touch. One thing is for sure though. No one will be strapping their iPad mini to their arm to go to the gym or running and biking.
Apple shares started sliding right as the new model was displayed on Tuesday in a classic “sell the news” reaction. Its shares closed down 3% at $613.36 on Tuesday, but shares are indicated higher on Wednesday by 0.8% at $618.20 along with a stable market.
JON C. OGG