Xiaomi Mi Pad: Meet the New $240 iPad Mini Lookalike

Mi Pad's $240 price tag makes it more affordable than the Apple tablet

   

Xiaomi Mi Pad: Meet the New $240 iPad Mini Lookalike

The Xiaomi Mi Pad is a Chinese tech company’s response to Apple’s (AAPL) iPad Mini.

xiaomi logo1 300x159 Xiaomi Mi Pad: Meet the New $240 iPad Mini LookalikeThe Chinese company’s table adopts the iPad Mini’s specs and some of its features to create a more affordable version of the Apple product. The Xiaomi Mi Pad comes with a 7.9-inch screen and 2,048 by 1,536 resolution, same as the iPad Mini with Retina display.

Although the Apple product is lighter than Xiaomi tablet, the 16GB Mi Pad only costs $240 whereas the 16GB iPad Mini costs $299. There will also be a 64GB model of the Xiaomi Mi Pad which will sell for $275, $125 cheaper than Apple’s equivalent.

AAPL stock is down about 0.85% Thursday.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/05/xiamoi-mi-pad-ipad-mini-aapl/.

©2014 InvestorPlace Media, LLC

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