fine compare it to the nexus 7.
which is also $500 less and probably more powerful then an ipad.
but even then im most likely wrong.
Only people who play games compare things by specs though, my mother replaced her laptop with an iPad and it's perfect, she doesn't need all the bulky keyboard and trackpad, or the "open platform" of an Android tablet, iPad is ideal.
Just because you're not the demographic for a product, it doesn't mean it's instantly stuff.