Everyone complained about no retina display. They get a retina display and complain about the price. You can't get the retina display for the same price as a regular display. If you want improved components, it going to cost more… Plus its now as powerful as a full sized iPad, so you're getting a good deal at 399
The iPad mini is still going to be sold at $299 anyway, why complain about it?
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Over time components lower in price as they become outdated, the innovation of technology is increasing exponentially. Screens fall into this category and lower in price with time. Eventually they got down to where they can make a switch at no change in retail cost. Rumors are they rushed the retina mini because of the increased competition with the nexus release (hence why they aren't available until "later this month") . Trying to fit the same resolution of the full size iPad into a smaller screen will be expensive if done at the wrong time. If the mini with retina were released next year as originally planned, I would bet heavily that the price would be little to no different than the original ($329).
In general they are able to keep the same price tag because new components now cost the same as the old ones did a year ago. Why did the new retina MacBooks suddenly drop in price by $200? They have significant improvements, the only thing not changing is the screen, signifying it is probable that they are now cheaper to make than a year ago. And the retina screens were the primary reason for the major price jump from the cMBP.
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What makes you think all the new gen products have to cost the same as the old one did? Components don't depreciate at the same rate over the same time. Read the report that the new retina minis will be scarce until 2014? Do you know why? they weren't ready to release the retina mini this year, it was a rushed addition because of market competition, and the extra cost apple is paying they will pass along to you. Also for the first time the iPad mini has the same internals as the current gen iPhone.
Apple is in the business to make money, do you think they are selling the first gen iPad mini's at $300 and taking a loss? As components become cheaper to produce, they can reduce the price. will they? not always, but because the screens and components of the first gen iPad mini are cheaper to produce, they can reduce the retail price without affecting their profit margins.
The price of the new retina MacBooks went down, so does that mean they put in worse components than before? Did the price of the same retina screen go change after a year of production?
Learn how business work and the price hike would make sense to you. They can't keep prices the same "just because," whether you think the components and additions are "worth" it or not doesn't affect the actual cost to make them, nor apple's margins...
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if raw material and components increases what happens? Apple's profit margins are set at a certain percentage. If any costs increase and profit margins remain constant, what must happen?