The recently unveiled iPad mini will cost about 80 percent of a full-sized, 9.7-inch iPad 2, which was just recently Apple’s lower-priced alternative tablet. It is also $130 more expensive than the Google Nexus 7, a powerful, yet affordable slate that is currently the acknowledged leader among budget tablets.

Apple could overtake Google’s low-priced tablet sales with the iPad mini, but price notwithstanding, which has the better specs?

Here is a recap of the iPad mini and Nexus 7’s respective specifications and features.

Display size favors Apple for the most part, as the iPad mini has a 7.9-inch screen with 1,024 x 768 non-Retina Display resolution. The Nexus 7’s display measures 7 inches diagonally and has 1,280 x 800 pixel resolution. As statistics only tell part of the story, it looks like Apple may have the better display overall, as the iPad mini’s screen was reportedly very impressive-looking at Tuesday’s launch event.

There’s no question about who wins the battle of weight and thinness – even if the iPad mini has a significantly larger screen, it is a lighter and thinner device than the Nexus 7. It is, according to Apple exec Phil Schiller, a tablet that is as “thin as a pencil.” The device is 7.2mm thick and weighs 308 grams compared to the Nexus 7’s 10.5mm thickness and 340g weight.

In terms of “other” specifications, the iPad mini wins again, with a 5-megapixel rear camera to go with the FaceTime front camera. The Nexus 7’s only camera is a front shooter for video chats. However, the Nexus 7 may have an edge in processing power, as it boasts a quad-core Tegra 3 under the hood as compared to the iPad mini’s dual-core A5X.

Overall, the iPad mini wins this comparison soundly, and shouldn’t disappoint in the sales charts once it becomes available for pre-order this Friday.