iPad mini met with ‘insatiable’ demand in China:
Despite a
“soft” launch with few lines and seemingly abundant availability, China is going crazy for the
iPad mini according Topeka Capital Markets analyst Brian White. His checks in China and Hong Kong reveal consumers are snapping up iPad minis at rapid rates, causing short supply, even with
Apple (
AAPL) opening two new retail stores in Hong Kong and three in China. White wrote in a research note on Friday that the iPad mini was sold-out at virtually all Apple Stores in both regions this week and is already more popular than the
fourth-generation iPad thanks to the tablet’s smaller size and lower price.
Additionally, White’s research shows
iPhone 5 supply has improved to the point where anyone can walk into an Apple Store and buy one on the spot.
“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,” White in his note.
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