According to a NPD DisplaySearch analyst the iPad Mini will be followed up with not one, but two successors one of which is likely to contain a retina display. Richard Shim told CNet that “We see two refreshes coming. One in the second half of this year, then one in Q1 [first quarter] of 2014. The Q1 [2014] device will have a Retina display plus an updated processor.”

Apple’s World Wide Developers Conference (WWDC) is just over a month away, scheduled to take place June 10-14 in San Francisco, CA. With rumors already swirling, its likely that the WWDC will be the venue for the next-generation iPad Mini’s unveiling which coincides with the likelihood of one version to be released in the latter half of this year and the other’s release early in Q1 of 2014.

There’s been nothing said yet about the technology under the iPad Mini’s hood yet, though CNet sensibly suggests a similar low-temperature polysilicon (LTPS) display used in the iPhone 5. There’s no word on price yet either so be sure to check back with BostInno for the latest updates.

Back-to-back releases in this manner prompt many to wonder simply, why bother? Last year, Apple released the third-generation iPad only to discontinue it 221 days later in favor of a fourth-generation device with featured, ironically, retina display. The iPad 4 hit shelves barely half a year after its predecessor. One possible reason for this is to create a budget tablet for those without deep pockets to enjoy all the amenities the iPad has to offer. Though, conversely, Apple has proven time and time again that it can price its devices slightly higher than its competitors and its built-in loyal audience is happy to oblige.

Time for iPad Mini users to chime in. I’m curious to hear whether these new refreshes will be significant enough for users to ditch their current model in favor of the new ones? Is the first upgrade worth buying if there’s an even more rejuvenated device to follow hot on its heels?