Gadgets

3 Million Units of Apple iPad Mini and iPad 4 Sold

Apple iPadMini08 3 Million Units of Apple iPad Mini and iPad 4 Sold

Image Source: Apple’s iPad Mini | Official Website

Last Monday, Apple announced that they were able to sell 3 million units of iPad Mini and iPad 4 during its launch weekend. That doubles the weekend release of the third-generation iPad of 1.5 million units, which was rolled out earlier this year.

However, it was also reported that the company only sold the Wi-Fi-only models of its latest tablets, and none with cellular connectivity.

Shipping Schedules

It is said that the fourth-generation iPad and iPad Mini with cellular connectivity are slated to ship “in a few weeks.” On the other hand, the company did not give separate sales figures for each tablet. However, Apple CEO Tim Cook noted that the sales for iPad Mini exceeded the company’s initial supply.

Customers around the world love the new iPad Mini and fourth-generation iPad. We set a new launch weekend record and practically sold out of iPad Minis. We’re working hard to build more quickly to meet incredible demand.

The iPad maker also pointed out that while many iPad Mini pre-orders are being shipped to customers, some units will be delivered later this month.

Apple iPad4 01 550x361 3 Million Units of Apple iPad Mini and iPad 4 Sold

Image Source Apple’s iPad 4 | Official Website

Sales Expectations and Trade-in Offering

Apple’s iPad 4 and iPad Mini were rolled out to 34 countries last Friday, and it will be available in more countries later this year. Included on the list is mainland China.

In addition, KGI Securities analyst Ming-Chi Kuo estimated that Apple will be able to ship 850,000 iPad Mini units for its first week of sales. The prediction is based on supply chain checks and logistic considerations like transportation. He also pointed out that the company could have higher first-week shipments, had mass production started sooner than mid-October.

Prior to this, it was reported that the Cupertino-based company quickly sold out all of their iPad Mini models. Apple also pointed out that the 7-inch tablet’s 16 GB white and silver version is the most popular model over the launch weekend.

For those who want to buy a new iPad, they can offset its cost by trading in their old units. AppleInsider compiled a list of retailers that give trade-in values when users swap their old iPad for an iPad Mini. However, the trade-in values were calculated based on tablets in like-new condition.

The offer is available for the first-generation iPad, iPad 2, and third-generation iPad with 16 GB and 64 GB capabilities, both for Wi-Fi-only and Wi-Fi + 3G models. Retailers giving the said trade-in offer are eBay, NextWorth, Amazon, uSell, and Gazelle.

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