The iPhone 5 product launch has come and gone, and Apple enthusiasts are now awaiting the release of the iPad Mini. Building up to the rumored October unveiling, a new hands-on video of the new iPad has surfaced on the Internet.

Web site GizChina claims that it was able to order a physical mock-up of the tablet on Taobao, the Chinese equivalent of eBay, for a paltry $13.

"While this dummy iPad Mini might not be a functioning version of the 7.85 inch Apple tablet it still gives us some valuable clues as to how the real mini iPad will look and what its specification might be," asserts the GizChina report.

The site has posted photographs of the dummy iPad Mini and gives an in-depth walkthrough of the tablet's features in a hands-on video. Unlike the iPhone 5, not many details of the iPad Mini have leaked to the Internet. However, the tablet, as the name suggests, will be much smaller than the current 9.7-inch iPad offerings and is expected to sport a 7.85-inch display. The iPad Mini is Apple's bid to challenge the 7-inch tablet offerings from Amazon (Kindle Fire), Samsung (Galaxy Tab 7.0 Plus), and Google (Nexus 7).

GizChina's video shows the mock-up iPad Mini sporting a rear-facing camera. The side bezels of the device seem notably smaller, but the top of the tablet is similar to the current iPad. A headphone jack is located on the top, and the device features a new volume button design on the side, which has two separate buttons rather than the toggle on the current iPad.

The images indicate that the iPad Mini, like the iPhone 5, will have Apple's new 8-pin Lightning dock connector. However, the tablet will likely sport a micro-SIM and not the Nano-SIM.

"This dummy also seems to be of a 3G or possibly even a 4G LTE version of the iPad mini as it features the tell tale black plastic strip and a mini (not Nano) Sim card tray," states the site.

No details of the screen resolution or internal hardware have been disclosed, and it remains unknown whether iOS 6 will be altered to conform to the smaller screen size. Judging by the video, the iPad Mini does not pack in any revolutionizing or iconic features; it seems to be just a smaller version of the current iPads.

Rumors indicate that Apple will unveil its iPad Mini in October. iFans will have to wait and see if Apple can surprise users with the purported tablet and retain its Midas touch.