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Define quality? It has the same PPI as the iPhone 8... Which looks fine to me.

You are partially correct:
PPI on smaller models (and XR) is 326
All the + models were 401
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Assuming the new 2018 iPad Pro would cost between 700-800.

I pad Pro starts at 800-900
I paid 1099 for my cellular 128 in 2015
I expect 1199 for a cellular 256 with ID
 
In terms of display quality

Well considering the XR has a higher PPI (this is the spec all the cool kids keep endlessly quoting), then the iPad Pro. No it isn’t.
And the new still rumoured only iPad Pros will very likely use the exact same LCD tech as the XR.

Perhaps you should wait and look at these devices yourself, rather then ask questions about the value of a device not out yet and one that’s still a rumour.
 
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Apple has always had higher margins on iPhone.

It's typically marked up 2.5-3X vs. BOM.

For iPad, it's 1.5-2X vs. BOM.
 
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Yeah but I can’t stuff an iPad into my pocket. Back in the day when I rode my dinosaur to school, we paid extra for miniaturization in technology. The more ability that could be packed into the smallest chassis possible, the higher the price. That hasn’t completely died out yet.

Though people tend to think the opposite, because Apple has been pricing larger phones higher than smaller ones. But that is because the larger display size adds to the utility without sacrificing portability, as long as you stay within the dimensions popularly accepted for smart phones.

Once you start pricing smart phones against tablets, the parameters change.
 
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