Technology is racing ahead. It seems that everyday there is a new technical offering that supersedes anything we've seen before. Just weeks after Apple released the iPhone 5 comes a new offering the iPad Mini.

The iPad Mini is a smaller version of the iPad, but this one is targeted at the success of the Amazon Kindle Fire HD. It is a little more expensive that the Kindle, but with a few extra's.

Before you put one on your Christmas list, here's what you need to know:

The iPad Mini is smaller than the iPad by a couple of inches, and it weighs just over half a pound. It sells for $329 which is considerably higher than the Kindle which comes in at about $160. It isn't going to be available until November 2nd, but pre-orders are being taken beginning Friday.

Check the links below for more details.

[New York Times, Gizmodo]