Apple today announced the iPad mini with Retina display, which offers a 7.9" backlit IPS panel with 2048x1536 pixels for a resolution of 326ppi. The built-in "iSight" camera module has a 5-megapixel sensor and a five-element lens with an aperture of f/2.4. In addition to capturing 5-megapixel stills, the iPad mini with Retina display can also record Full HD videos. Unsurprisingly, the device comes with iOS 7 on board. Pricing for the Wi-Fi only model starts at $399 for the 16GB variant, with the 128GB version costing $699. The Wi-Fi+cellular models will cost from $529 to $829, depending on capacity.