Don't you read!!! The amount of pixels is just one of the things the RAM stores, there are MANY other features such as Cameras, Gyroscopes and many sensors that the iPhone has and the iPad does not have. You amaze me.
OK, y'all correct me (as I know you will) if I'm wrong:
Isn't it the VIDEO RAM (VRAM) that stores the pixels? I'm sure the system RAM assists, but its the GPU and its VRAM that do the majority of that work.
Problem is I can't find ANYWHERE about the VRAM for the iPad's GPU (an SGX core, btw). Maybe it DOES borrow system RAM, like "integrated graphics" on desktops/laptops...