Andre Yoskowitz
29 Dec 2012 21:34
According to Topeka Capital analyst Brian White, iPad Mini demand is off the charts in China.
Apple launched the tablet recently via a "soft" launch.
White says recent retail checks in China and Hong Kong revealed demand is so high that supply has become short in the nations. Apple recently opened two new retail stores in HK and three more in China to help with new iOS device launches.
The analyst says the device is sold out everywhere, and easily outselling the fourth-generation full-sized iPad, which has a higher price tag.
Finally, the analyst says the iPhone 5 has overtaken the Galaxy S III as the most popular smartphone, adding fuel to the ongoing war between the two companies.