The company will take its first orders on Friday when the iPad is due to be priced from around €340.
Apple have said that it is not a shrunken down version of the full sized iPad, but an entirely new design.
In a surprise move, the company also released a newer version of the full sized iPad, just six months after launching a new model, doubling the speed of the processor.
But not wanting to be out done rivals Amazon, Google and Microsoft are also due to launch new tablet devices in the coming days.
But what do you get with the new iPad mini?
- iPad mini dimensions: 200 x 134.7 x 7.2mm
- iPad mini weight: 308 grams
- iPad mini display resolution: 1024 x 768, 163ppi
- iPad mini display size and quality: 7.9-inch
- iPad mini network: LTE, nano SIM
- iPad mini connectivity: Lightning connector
- iPad mini processor: A5 chip
- iPad mini camera: 5-megapixel iSight camera, 1.2-megapixel FaceTime HD
- iPad mini battery: 10-hour battery
- iPad mini accessories: New Smart Cover
- iPad mini price: Starts from €340
James Chandler from media agency Mindshare UK thinks Apple’s new offering could be very important to the company: