Apple's new iPad mini was announced on October 23, 2012. Apple calls it the iPad, just concentrated, but the specs are closer to the iPod touch 5 or iPad 2. With an Apple A5 processor, LTE 4G and DC-HSPA networking, and the new Lightning connector, that still made it the best small tablet on the planet when it was introduced. However, while it's still available, the state-of-the-art of small tablets is now the Retina iPad mini.

Source: www.imore.com