The iPad mini is in a league of its own when it comes to Apple tablets. It's too small to be a laptop replacement for most users, and probably isn't most artists' first choice as a digital drawing device. Instead, it's an iPad for extreme portability, for jumping between ebooks and Netflix before slipping into a coat pocket. It's the closest thing Apple has to a phablet, especially when paired with an Apple Pencil. For lack of a better word, it's perhaps Apple's "funnest" device. And yet, you shouldn't buy one—at least, not right now.
OLED is a unique display technology. With the traditional LCD on current iPad minis, a single backlight illuminates all the pixels on the display. While the backlight can get dark, it's always on when using the iPad, so when you're viewing dark images or videos, you'll see gray. It can still look great, but you can notice the effect, especially when watching content in a dark room.
OLED isn't the only display tech that can achieve a similar effect. The iPad mini would also benefit from the mini-LED displays of MacBook Pros and previous iPad Pros, which have many "dimming zones" instead of one solid backlight. Like OLED, mini-LED can make dark images truly black, but with less precision, as you still can't turn off individual pixels. I, for one, am happy Apple seems to be choosing OLED here instead of mini-LED.
Is it worth waiting for the OLED iPad mini?
If that sounds like you, it's still worth waiting for the OLED iPad mini, because it likely means that older models will come down in price. Apple will probably discontinue the current iPad mini in favor of selling its new OLED model, but other stores, like Amazon and Best Buy, will assuredly sell you the previous models they have on hand. And, because they're now "outdated," they should hopefully be cheaper than they are now.
We won't know how retailers will respond until Apple actually debuts the OLED iPad mini. October isn't so far away, however, so I'd encourage you to wait it out. Worst-case scenario, you have your choice between the iPad mini you'd buy today, or a slightly more expensive model with a much better display.
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