iPad Mini Sales Top The Roof

Since Apple released the new generation of the iPad on Friday, sales topped 3 million during the weekend. This high figure equaled the number of the 3rd generation iPads sold in three days; when they were released in March this year. Apple's CEO stated "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." Part of that statement either tells us that Apple didn't make that many devices, or the demand is really that high.

The iPad Mini is available in over 34 countries around the world, including the UK, US, Japan, Canada, Australia and France. Even though hurricane Sandy devastated New York, people there still lined up to get their hands on this revolutionary tablet. However, days before the launch was due, Apple doubted that it would sell a large amount of iPad Minis. The queues were fairly short on Friday morning, but that wasn't necessarily a sign that sales would be low, as Apple found out over the weekend. Customers are clearly interested in every move that Apple make, and literally nothing can stop them in getting their hands on a device.

What is The iPad Mini Really Worth?

The newest edition to the iPad family went on sale in shops on Friday; it attracted a lot of interest from people around the world. Many people took them home just to find how 'indestructible' they were, others to make unboxing and review videos. On the other hand, there were analysts from IHS, a research firm, who just couldn't wait to take the device apart and see what's inside.

As you may know, the prices for the iPad Mini range from £269 for the 16GB wi-fi only model to £529 for the 64GB wi-fi and cellular model. Apple obviously have to make a profit from every product they make, the IHS has been looking into how much the components cost and what it all adds up to. From what they have seen and analysed, the wi-fi only 16GB iPad Mini costs around £117 to manufacture. The more memory you choose to have, the more profit Apple will get, at least that's what they think. Some people say that the price Apple sell it for is outrageously high, it's not. If you think about the cost of paying each engineer, designer and project manager; the cost of assembling the device and the price of shipping. It all adds up, Apple might be making a minor profit on each device they sell.

Furthermore, there is no retina display to go with the Mini, Apple say that it would raise the price. Many people say that the screen looks stunning even without it. The IHS have found that the display and A5 processor is manufactured by Samsung, and if you all remember; the battle between these firms has been ongoing for quite a while. Many other parts are made in different countries, such as Japan. The iPad Mini is a great device and it will hopefully help Apple get back on its feet after a hard year or so.

Lightning Sales

As you may know, Apple's iPad Mini was revealed on Wednesday and was available to pre-order shortly afterwards. It only took an astonishing 20 minutes for the white model demand to reach Apple's stock limit. Just 35 hours later, the 16GB black iPad Mini was stretching the tech giants limit; and customers were forced to wait a week longer for delivery. However, the more costly models, 32GB and 64GB, are still in stock and ready for delivery on the 2nd of November. If anyone wants to skip the longer wait, the iPad Mini will be available in shops from this Friday. This shows that customers are highly interested in this new and smaller device from Apple; and it looks like it might soon be crowned king of the smaller tablet market. Other tablet manufacturers better watch out, because the iPad Mini's about.