It looks like the iPad mini 2 shortage rumors may be true. Reuters reported today that "Apple Inc will be unable to widely roll out a new version of the iPad Mini with a high-resolution 'retina' display this month." Supply chain sources have confirmed that the company has just started making Retina displays for the next-generation iPad mini. If true, this means the iPad mini 2 will only be available in limited quantities or not at all during the holidays.
There have been previous rumors that Apple will release an updated iPad mini without Retina display later this month, but it is unlikely.
"If they don't put in retina ... there will be howls," said Frank Gillett, an analyst with Forrester.