Today is July 1st and you know what that means! It’s time for the Xiaomi Mi Pad to go on sale and indeed it did, obviously selling out all initial units. There were 50.000 models available for the initial sale and they were sold out in less than 4 minutes.

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We informed you here about the first units available today and all were gone in just 3 minutes and 59 seconds. Xiaomi is used to that, since they had smartphones gone in dozens of seconds. I wonder what servers they’re using, since they are put under quite a heavy stress in days like these. The next round of Xiaomi Mi Pad sales starts on July 8th, so next Tuesday. All of you potential buyers out there should know that the product is priced at $241.

For that amount you get 2 GB of RAM, a very powerful Nvidia Tegra K1 processor and a 6700 mAh battery. The screen offers Retina Level resolution and a 7.9 inch diagonal. People may be considering buying an iPad Mini Retina this summer, either to watch movies or play games while on holiday, or to be ready for the school time frame. Well, they should think again, since the Xiaomi Mi Pad sounds very hot!