New iPad mini quietly goes on sale

The iPad mini with Retina display went on sale in the middle of the night, unlike previous products, including the iPad Air, which went on sale earlier this month.

By TheStreet.com Staff Nov 12, 2013 10:28AM
The iPad mini with Retina display (Courtesy of Apple)By Chris CiacciaTheStreet.com logo

NEW YORK (TheStreet) -- Apple's (AAPL) iPad mini with Retina display officially went on sale on Apple's Web site in a rather curious and un-Apple-like move. 

The iPad mini went on sale in the middle of the night, unlike previous products, including the iPad Air, which went on sale earlier this month. It looks like Apple may already be having supply constraints on the new iPad mini, judging by available-to-ship dates. The 16GB and 32GB Wi-Fi models are available to ship in one to three business days, while the 64GB, 128GB Wi-Fi models and all of the Long Term Evolution (LTE) models are available to ship in five to 10 business days.

"The response to iPad Air has been incredible, and we're excited for customers to experience the new iPad mini with Retina display," said Phil Schiller, Apple's senior vice president of marketing, in a press release Tuesday. "We think customers will love both of these thin, light, powerful new iPads, and we're working hard to get as many as we can in the hands of our customers."

Apple CEO Timothy D. Cook said he expects this holiday season to be an "iPad Christmas," following the launch of both new tablets. "I think it's going to be an iPad Christmas," Cook said on Apple's fiscal fourth-quarter earnings call. "But we will see.  We will report the numbers back to you in January how we did, but we feel pretty confident."

The iPad Air received rave reviews from industry experts, and the iPad mini with Retina display has the same internals. Both tablets sport Apple's new A7 and M7 chips, Retina Display, and come in new color schemes of silver and space gray.

Shares of Apple were lower in Tuesday trading, off 0.16 percent to close at $518.20.
 

More from TheStreet.com

1Comment
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

125
125 rated 1
267
267 rated 2
455
455 rated 3
612
612 rated 4
682
682 rated 5
695
695 rated 6
632
632 rated 7
472
472 rated 8
279
279 rated 9
147
147 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
VZVERIZON COMMUNICATIONS9
TAT&T Inc9
CTLCENTURYLINK Inc8
EXCEXELON CORPORATION8
AAPLAPPLE Inc10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.