Well, even with a hurricane hitting just this past week, and many still without power, the iPad mini sold out in Apple’s iconic Fifth Avenue “cube” store in New York City. Apple was expecting to sell a much smaller amount than that of other iPad launches, however it appears it may have underestimated itself. Brian White of Topeka Capital Markets gave his opinion to CNET:
We believe these early stock outs are driven by the combination of strong demand, combined with a shortage of supply due to the constraints we discussed during our recent Asia Technology Tour, driving customers to buy the fourth-generation iPad.
White is estimating that Apple will sell around 800,000 to 1 million iPad minis this first weekend, while Apple actually predicted higher than that. With how well they seem to be selling around the world, I wouldn’t be surprised to see both of those be low. However, we will have to wait and see.
What do you think? Surprised it sold out? Did you buy a mini today? Let us know in the comments.