“Apple Inc. (AAPL) appears to have sold out of initial inventory for some of its new iPad Mini tablets shortly after it began taking preorders Friday, suggesting strong interest in the new product,” Dow Jones Newswires reports.
“The iPad, like the iPhone, is critical to Apple’s continued success. Together, the two devices and their related products and services account for nearly three-quarters of the company’s revenue,” Dow Jones Newswires reports. “But Apple says the iPad is also key to the PC market’s future, with Mr. Cook regularly saying he expects the tablet market to soon rival PCs in terms of unit shipments.”
Dow Jones Newswires reports, “To spur sales and take momentum from competitors, Apple released what it said was the largest lineup of new devices in its history for the holidays. In the last month, Apple has unveiled new iPod music players and desktop computers alongside a new laptop, a souped-up iPad, a newly designed iPhone and, now, the iPad Mini [sic].”
Read more in the full article here.
Apple sold out of iPad mini White & Silver U.S. pre-order stock in 17 minutes – October 26, 2012