iPad, iPad Mini Sales Hit 3 Million
November 5, 2012 by Paul AusickApple CEO Tim Cook said:
We set a new launch weekend record and practically sold out of iPad minis. We’re working hard to build more quickly to meet the incredible demand.
Interestingly, Apple says it nearly sold out the iPad mini, but the company does not attach a number to that statement. Such a data point would be useful to let us know just exactly how many of each the company has sold. The Apple online store sold out of the iPad mini very quickly, with the 16-Gbyte white and silver model being the hottest seller.
One estimate of the number of iPad minis available totaled 950,000. If that is correct, the larger iPad is still more popular, unless, of course, customers are spending more for the larger iPad rather than waiting for the mini to become available again.
Apple’s shares are up about 1.3% in the first few minutes of trading this morning at $584.33, in a 52-week range of $363.32 to $705.07.
Paul Ausick
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.