iPad mini teardown shows $188 BOM

Apparently, iSuppli has done their teardown of the iPad mini and their estimate is a $188 BOM. Keep in mind, they typically don't include manufacturing costs in this estimate, so it's probably fair to assume that adds another $10 or so. Guess this really shows why Apple couldn't put the Retina display in the mini yet... at launch, the Retina iPad 3 display was estimated at $87, and, considering the smaller display on the mini, it may very well be even more expensive to pack that many pixels in, plus they would have had to use a newer, more expensive chipset to drive the display.