Not long after talking about people wanting Apple products, we are hearing more about the iPad mini being in crazy demand. So much so, that it is nearly, if not completely, sold out in China.
Going on sale December 7th, the iPad mini has had increasingly high demand, which Brian White of Topeka Capital Markets called an “insatiable demand.” Part of the reason, described by White, is as follows:
Prior to the China launch, we indicated that the iPad mini would be the ‘next big thing in China’ and we believe this phenomenon is starting to develop. In our view, the smaller form factor and lower price point will allow Apple to sell the iPad mini in more meaningful volumes versus the regular-size iPad.
iPhone 5 stock has been the opposite, actually doing better. Increased stock for the iPhone 5 has been seen all over, with great timing as it first saw an increase just before the holiday season. Another quote from White talks iPhone 5 demand:
After the Galaxy S III and Galaxy Note I/II became more popular than the iPhone 4S in recent months, our discussions now indicate that the iPhone 5 has recently become the most popular high-end smartphone at the resellers that we spoke with.
What do you think? Do you have the iPad mini? Wonder why the demand is so high, or is production just low? Let us know in the comments