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> The reality: RAM/Chip prices are way, way up. The starter iPad mini is $700.

This has tiny 128 GB of storage and unknown but obviously not too high amount of RAM. At best 16, but probably less.

That's just Apple beeing greedy as usual.

Apple was "greedy" before too and were able to sell it cheaper. So obviously they're being impacted by increased storage/memory/whatever prices.
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