2015 iPad mini 5 was announced more than 3 years, 2 month ago. Reliable Apple analyst Ming-Chi Kuo believes Apple is working on an upgraded iPad mini that features an upgraded processor and a lower-cost display panel, which suggests it will be more affordable than the current version. Kuo wasn't entirely sure if Apple plans to release the iPad mini at its October event or at a later date in 2018 or early 2019, but there's a possibility it will be unveiled alongside new iPad Pro models. We don't have any other information about the new iPad mini at this point in time, but it sounds like it's not going to get the same design refinements that are coming to Apple's iPad Pro lineup. For more on the iPad mini, check out our iPad mini roundup. Current iPad mini 4 is $399 and 2018 iPad are $329 & $429. The iPad mini 2 used to sell for $269. My guess is that it will use the same Apple A10 Fusion SoC as the 2018 iPad.