“I’m seeing headlines to the effect that the iPad mini is drawing smaller crowds than previous Apple (AAPL) product launches,” Philip Elmer-DeWitt reports for Fortune.

“I’ve only been to the flagship store on Fifth Avenue today, so I’m not in a position to generalize,” P.E.D. reports. “But shortly before 8 a.m., when the store usually opens for a new launch, I had a headcount of 550.”

P.E.D. reports, “According to the records Piper Jaffray’s Gene Munster has been keeping since 2008, that’s more customers than turned out for the iPhone 3G, iPhone 3GS and iPhone 4S.”

Read more in the full article here.

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