I'm with you OP. We can't keep this crappy thinking and letting it slide. They charge a premium for their products, so I'm expecting it to BE a premium product. They obvious are doing this because they're holding back a key feature for the iPad mini 2 or 3 and maximize profit. There is no innovation in that. I don't need a 12 hrs long battery life, I need 8 hours and a retina screen.
Apple have be boasting EVERYTHING retina this year from the iPad 3 to two new MacBooks, now with the mini all of a sudden it's not important anymore? Geez talk at a reality distortion field. I respect Steve because when he used the reality distortion field it was to PUSH THE LIMIT. Not to save it for next year 😕
There are a few different ways to frame the situation so that it is coherent. I don't agree with your particular choice to frame it as Apple sticking it to the consumer. They're just engineering products, marketing them, and selling them. Reality distortion fields and other CEO myths aside, Apple is an extremely consistent company who just got to this particular party a little late.
Do people always want cheaper, better, smaller, lighter, prettier? Of course. Apple could accommodate a lot of these clamorings in slipshod ways, but they have an extremely conservative strategy that makes me respect them greatly. They make changes slowly, they launch relatively small, they present a relatively unfragmented profile to developers, they mark up their devices consistently, they support their products. If you look at the lineup, it makes perfect sense right now. Making the mini retina would either make as heavy as than the ipad4, most costly, or give it a ridiculously low battery life. Possibly all of the above. That's not usable and we wouldn't see it until next summer.
I've been to the store twice compared the leaden bezelbeast ipad4 to the mini, and I've decided to go with the mini to replace my 1st gen iPad. It wasn't even close, and I'm a retina fan. Apple has backed into a really great form factor that I believe is far superior to to the full sized iPad. Will I want a full sized iPad for other use cases, will I want to replace the mini with a retina Mini when it comes out? Yes to both. But meanwhile, I'll have at least a year with a very usable device. Though that's me applying my own typical use cases, YMMV.
But, if all things were equal, I believe that the retina Mini should be $100-200 more than the iPad4 if you wanted to maintain the same weight and battery life and release schedule. Assuming it was even possible.
After rationalization, that's the big thing that you forget when you make your accusations: Apple is about good product design first. Innovation is just one part of that, following consistency, coherence and a few other things.
But, yeah, here's hoping they manage to update to Retina soon.