Apple New York Stores Sell Out IPad Minis After Sandy Hit
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New Yorkers looking to buy the latest version of Apple Inc.’s iPad had fewer stores to shop in today, after Hurricane Sandy induced power blackouts, hobbled transportation and left some retail outlets shuttered.
Supplies of the iPad mini are sold out at Apple’s flagship Fifth Avenue store, with white and silver models gone within 30 minutes, said Brian White, an analyst at Topeka Capital Markets. Almost 600 people lined up outside the store, according to Gene Munster, an analyst at Piper Jaffray Cos.