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Apple iPad mini pre-orders sell out

iPad Mini: Apple has sold out of their initial pre-order stock of the device.

San Francisco (Bloomberg) — Apple Inc’s iPad mini will now take about two weeks to ship to customers who order it from the company’s online store, suggesting the product may be sold out.Models with Wi-Fi only are available to ship in two weeks, while versions with wireless-network connections will be sent to customers in mid-November, according to delivery information on Apple’s website.When the company introduced the iPad mini last week, the company said that Wi-Fi only models would be available November 2, with wireless versions to start shipping “a couple of weeks” later.The 7.9-inch iPad mini, which costs $329 to $659, is entering a tablet market crowded with cheaper alternatives from Amazon.com Inc, Google Inc and Samsung Electronics. The backlog suggests Apple will continue to “dominate” the market and may sell 101.6 million iPads in 2013, said Michael Walkley, an analyst at Canaccord Genuity Inc.Mr Walkley said Apple’s sales will dwarf the 10.7 million tablets Amazon will sell in 2013 and 8.4 million from Samsung.