Apple's Schiller defends iPad mini's price tag | Reuters

Likely to be supply-constrained for the immediate future, regardless of price

""The iPad is far and away the most successful product in its category. The most affordable product we've made so far was $399 and people were choosing that over those devices," Schiller said.
"And now you can get a device that's even more affordable at $329 in this great new form, and I think a lot of customers are going to be very excited about that," Schiller said."

Apple's Schiller defends iPad mini's price tag | Reuters