Apple said three million iPads were sold over the three days after its release.
The company said the new iPad mini and fourth generation iPad first weekend sales doubled the first weekend sales of the Wi-Fi only models sold for the third generation iPad in March.
"Customers around the world love the new iPad mini and fourth generation iPad," said Tim Cook, Apple's CEO. "We set a new launch weekend record and practically sold out of iPad minis. We're working hard to build more quickly to meet the incredible demand."
The iPad mini comes in two colors - black 7 slate and white & silver.
In addition to the iPad mini with Wi-Fi, Apple also introduced the device with Wi-Fi and cellular data.
According to Apple, the iPad mini "supports fast cellular networks around the world - including LTE networks." The iPad mini with cellular data will be available on at&t, Sprint, and Verizon's networks.
"When you decide to activate data service, you can choose the amount of data per month you want to buy - with no long-term contract," Apple said on its website. "So if you have a business trip or vacation approaching, just sign up for the month you'll be traveling and cancel when you get back."
The iPad mini weighs 0.68 pounds, is 7.78 inches tall and 5.3 inches wide. Like all other Apple products, the iPad mini can store up to 64GB of memory.
The iPad mini is 23 percent thinner and 53 percent lighter than the third generation iPad and features a 7.9-inch Multi-Touch display, FaceTime HD and iSight cameras, wireless performance. The iPad mini is expected to have 10 hours of battery life. It has a 1024X768 resolution and works on Apple's A5 processor.
The iPad mini costs - Wi-Fi: $329 (16GB), $429 (32GB) and $529 (64GB). Cellular: $459 (16GB), $559 (32GB), $659 (64GB).
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