Many tablet users are waiting for the highly anticipated iPad Mini, but some are wondering what the price will be.

The question is: Does price matter?

One analyst says that Apple might launch the iPad Mini at a $250-$300 price point, cheap enough to convince customers that the iPad Mini is a Nexus 7 or Kindle Fire alternative. Some say it will not have Retina Display.

Many believe that the iPad Mini will be priced similar to the new iPod Touch.

According to Ewan Spence at Forbes.com, he believes also that it will be around the same price as the Touch.

"From the evidence today, I'd expect to see a 16GB iPad Mini with Wi-Fi connectivity to launch at $299, with a 32GB model at $399, and a 64GB model at $499."

According to ZDNet, an iPad Mini "would ideally need to be priced at or below $299 in order to remain competitive in the face of the iPad 2 and 3."

Pricing may be an issue for the little Apple tablet. The Kindle Fire HD with 16GB costs $199 while the 16GB Nexus 7 costs $249 with all the Android content. According to Pop Herald, "If Apple will sell the iPad Mini with a $249.99 price tag, then it will be safe to assume that Apple can sell "millions." But what if the iPad Mini will sit within the $300 to $399 mark? Can it still lure customers?"

According to iPad.Blorge.com, "As mentioned, Apple's new iPod Touch rings in at $299, so unless Apple plans on lowering that price, I wouldn't expect to see an iPad Mini priced any lower than $350. A device with 3G will probably cost closer to $400 or $450."

Many know that Apple continues to dominate the market not only because of its products, but because of high demand and brand loyalty.

TabletBlorge reported: "If this were any company other than Apple then entering a market with a device more expensive than the direct competition would spell disaster. But Apple can rely on its millions of loyal customers remaining completely ignorant of the competition and buying an iPad Mini regardless. Steve Jobs will certainly not be spinning in his grave right now, but he probably will be smiling."

Will Apple loyalty and high demand be enough for the 7.85-inch iPad Mini to compete?

Apple has big competition in the small tablet market though.

Amazon's new Kindle Fire HD is creating a huge buzz in the e-reader department, as well as Barnes & Noble, who recently unleashed their new 7-inch Nook HD, starting at $199, and 9-inch Nook HD+, which starts at $269. They also recently announced that the company is launching Nook Video this fall in the U.S. and the U.K.

The biggest competitor seems to be the Google. It was recently reported that the company is making two new versions of their popular Nexus 7, with one being $99.

However, the answer to the previous question above seems to be yes.

According to KapitallWire, Apple's iPads are still dominating in the tablet wars. "Apple CEO Cook said in his keynote speech that 91% of tablet web traffic. If (or when) Apple releases a smaller tablet device, Apple may retain its lead in the market," the website reported.

According to ZDNET, writer James Kendrick said he would but the iPad Mini as soon as possible because the current iPads provide a better experience compared to the Nexus 7.

"While I have good apps on both Android and iOS, the iPad apps are better at what they do. The interface of every app I use on the iPad is better than the equivalent app on Android. The features of the iPad apps are carefully tailored to fit the interface, more so than the Android equivalents.

"The iPad operates more fluidly than even Jelly Bean on the Nexus, and it never frustrates me with lags or interruptions. The more I use the iPad the more I realize the only reason I have been picking up the Nexus 7 is due to the more comfortable size of the latter.

"It hit me squarely that if there was a smaller iPad I would not ever be using the Nexus 7. While the Android apps are good and the Nexus operation is OK, a smaller iPad would be better in every way."

This evidence proves that the iPad Mini will serve as a big competition to e-readers Nook HD and Kindle Fire HD. Screen size and clarity is important to many book readers, as well as how many choices they can have in terms of reading apps.

Reports say that Apple will unveil the iPad Mini at an event on Oct. 17 and will likely release the small tablet on Nov. 2.

Would you buy the iPad Mini as soon as it comes out? Sound off below!

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