Is it worth getting an iPad mini or should I get a iPhone 5?

I mean apple is a brilliant brand but they have one flaw they are constantly outdating their product like the iPad mini came out recently and apparently in the first week apple reported that they were working on the iPad mini 2
So is it really worth getting an iPad mini if it is just going to be outdated in a few months or should I just get an iPhone 5
I will be using it for
Word processing
Music
Netflix
Online browsing
Photos
Videos
So which would be better for me
Ps don't take money into consideration it is not a problem the choice is iPad mini or iPhone don't sujest anything else

Personally I would get the iPhone. The iPad has a lot of the same features as the iPhone does, it's just a little larger. You can also call and text on an iPhone where as you can't on and iPad unless you are hooked up to 3G or you have Wi-Fi. So the iPhone you would get more out of. But the down side to an iPhone is monthly bill.

Ipad Mini vs iPhone 5~
Ipad mini -
1) It's better for word processing because of it size
2)It's going to be weird listening to music on it
3)ok for watching movie (No retina display)
4)ok online browsing but not that good (A5 chip)
5)not so great photo (1.2MP photos) with isight camera takes 5MP Photo
6)720p HD video

iPhone 5-
1) It's easier to do that know thats it's taller
2)Easy to listen to music because it can still fit in your pocket
3)Good at watching movie (HAS RETINA DISPLAY)
4)Great at online browsing ( A6 CHIP)
5)Great at pictures (1.2Mp Photo) with isight camera takes 8 Megapixel photo
6)1080p HD video recording

Each Device Has better thing then the other but If I were you I'll get the iphone 5 because it is faster and MORE POWERFUL then the ipad mini

I think with the uses you mentioned above, I believe you will be better if you get the iPhone 5. Personally, I would wait for the iPad mini to have a retina display resolution before getting one.

Hope it helps!