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iPad mini: the Retina Display question

Most coverage that we’ve seen of the rumored iPad mini notes that it won’t have a Retina Display. There is, however, a counterargument.  Clearly, Apple has been on a Retina tear (although hopefully without any actual torn retinae) as it has become a defining and increasingly anticipated feature crossing many product lines: MacBook, iPhone and iPod. If Apple was willing to put a Retina Display on the iPod touch, why wouldn’t it put one on the iPad mini? The technology is clearly available. The display on the imminent Barnes & Noble Nook HD is Retina-sharp. Adding credence to this is rumors that the iPad mini may start at $329, which would be relatively high for the sub-8″ tablet category even given that Apple is profitable (and quite) on hardware. Pulling off a Retina Display iPad mini at $299 would be a coup.