“Insatiable Demand†for iPad Mini Reported in China

[Maura]

AppleInsider reports today that according to analyst Brian White from Topeka Capital Markets, the iPad mini is proving to be just as popular in China and Hong Kong that it is all over the world. White even goes as far as to say that there is “insatiable demand” for the iPad mini in China and Hong Kong. The iPad mini went on sale in Hong Kong on November 2, and AppleInsider says that almost all models were sold out this week. The iPad mini did not launch in China until more than a month later, on December 7, and White says that according to his checks in China, the smaller tablet is sold out at Apple’s retail stores in the country.

“Prior to the China launch, we indicated that the iPad mini would be the 'next big thing in China' and we believe this phenomenon is starting to develop," said White. "In our view, the smaller form factor and lower price point will allow Apple to sell the iPad mini in more meaningful volumes versus the regular-size iPad.”

White goes on to say that according to his research, the iPad mini seems to be even more popular than the fourth-gen, regular-sized iPad in China and Hong Kong.

[FONT=&amp]Source: [/FONT]'Insatiable demand' for iPad mini drives stock-outs in China