Black and Slate 16GB iPad mini sells out in 35 hours

iPadOn Saturday, Apple's online store showed that the black and slate version of the entry-level 16GB Wi-Fi-only model of the newly-unveiled iPad Mini was out of stock, barely 35 hours after the device was opened for pre-orders.

The sell out of the black and slate model of the entry-level Pad Mini comes in addition to the sell out of all the white and silver models of Apple's new smaller tablet within hours of its pre-order availability on Friday at 12:01 a. m. Pacific.

With the online Apple store now showing that the entry-level black iPad Mini has a two-week delivery time, it is evident that Apple has exhausted the initial supplies of the smaller tablet; thereby indicating an overwhelming demand for the device which - according to Apple design chief Jony Ive - squeezes all the features of the bigger iPad into a smaller form factor.

The heavy pre-ordering of the iPad Mini may have come as a surprise to some analysts who had earlier speculated that despite the 7.9-inch screen of the tablet and its thin 7.2-millimeter 0.68-pound chassis, one of the key deterrents for the device could be its high pricing by Apple.

The speculations of a somewhat lukewarm response to iPad Mini was apparently based on the fact that Apple has priced the tablet at $329 for the entry-level model, which is comparatively more expensive than the 7-inch offerings from Amazon and Google which are priced around the `$200' mark!