It is clear what the new iPad mini 2 will be offering. A Retina display. What a new iPad 5 will bring to the table besides incremental upgrades is unclear.
Apple is supposed to release new iPad models as soon as April based on a report on iMore last week. I totally see that Apple can land a big winner with the release of the iPad mini 2 featuring a Retina display. I do not know though what an iPad 5 will bring to the table besides the typical incremental improvements. In my eyes it does not make sense for Apple to release a new iPad 5 for now.
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If the new iPad releases are indeed next month we should hear soon more rumbles in the rumor mill.
The new iPhone 5S and the mysterious low-cost iPhone will keep us waiting until end of Summer according to the latest rumors.