When the iPad Mini was revealed to the world, I and many other bloggers poo-pooed it due to the disappointing screen resolution, ridiculous price, and the general inanity of the presentation.
And now it seems that the public agrees. For the first time that I can recall, Apple didn't sell out of their latest and greatest flagship product. It's a Saturday night, the day after launch, and both local stores have the iPad Mini in hand.
Neither store had the 16GB model but they both could sell me the 32GB model. It cost $429, a ridiculous sum considering that I could have bought an iPad 2, which had identical specs and a larger screen, for only $349.
And it is exactly that kind of comparison which has doomed the iPad Mini. The buying public isn't stupid; they can see when the price is ridiculous and they'll get something else.
Apple is going to have to drop the price of the iPad Mini, otherwise its sales will be embarrassing. Mark my words, there will be a price cut by the Spring.