iPad 'Cannibalizing' Half of Laptop Sales at Best Buy
A comment from Best Buy's head honcho serves as the latest evidence that the iPad is in fact eating other portable computers' lunch.
In an interview with the Wall Street Journal, CEO Brian Dunn said that internal estimates at the giant retail outlet indicate the iPad has cannibalized as much as half of laptop PC sales.
The remark, though not in quotation marks and appearing rather offhandedly in a story otherwise about gadgets trumping television and PC sales, squares with other indicators that the iPad continues to crater the market for portable computers.
Market analyses from Stanley Morgan and Goldman Sacks among others over the early summer, for example, have even gone as far as to ring death knells for laptops and netbooks.
Given the success of Apple's tablet computer, Best Buy intends to ride this iPad wave deep into the holiday shopping season.
The big box store recently announced that it will expand iPad sales to its entire national chain of nearly 1,100 outlets, up from 700 or so when the iPad debuted in April. More iPad accessories will be made available on store floors as well.