In the video below, technology analysts Eric Bleeker and Andrew Tonner look at Apple's announcement of 3 million sales of its new iPad Mini and refreshed fourth-generation iPad over the weekend. While some investors could find it a "red flag" that Apple isn't breaking out iPad Mini sales, the majority of those 3 million sales were likely the Mini.
That's an impressive opening considering the version that links to cellular networks still hasn't been released. More to the point, Eric and Andrew discuss why the tablet's price point and size make it an ideal gift this holiday season, meaning the tablets sales should be back-loaded headed into the end of the quarter.
Andrew Tonner owns shares of Apple. Eric Bleeker has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple. Motley Fool newsletter services recommend Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.