November 22, 2024
Best Buy CEO Says iPad Cannibalizing Up to 50% of Laptop Sales

Best Buy CEO Says iPad Cannibalizing Up to 50% of Laptop Sales

Posted September 17, 2010 at 10:54am by iClarified
Best Buy Chief Executive Brian Dunn tells the WSJ that the iPad has cannibalized sales of laptops by up to 50%.

Best Buy said smartphone sales continued to rise compared with a year ago, as did portable computer totals, buoyed by the iPad. However, television sales fell despite the rollout of new 3D models, with both average prices and total volumes notching "low-double digit" declines compared with last year. Mr. Dunn also said internal estimates showed that the iPad had cannibalized sales from laptop PCs by as much as 50%.

"It's a very different environment now," said Stephen Baker, the chief electronics analyst for market researcher NPD Group Inc. "The real cool stuff now will be the tablets, e-readers and probably the higher-end digital cameras."


Best Buy recently announced that it will expand availability of the Apple iPad with Wi-Fi and Wi-Fi +3G models to all 1,093 U.S. stores beginning Sept. 26.

Read More


Best Buy CEO Says iPad Cannibalizing Up to 50% of Laptop Sales
Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
No
iClarified Icon
Notifications
Would you like to be notified when we post a new Apple news article or tutorial?
Yes
No
Comments (3)
You must login or register to add a comment...
David
David - September 17, 2010 at 12:10pm
Who didn't see this coming? Laptops are heavy, hot, and almost always need to be plugged into an electrical socket due to poor battery performance. I got rid of my laptop a month after I bought my iPad and don't miss it at all.
anon
anon - September 17, 2010 at 1:15pm
yup, spending what amounts to the same amount of money you would have paid for a laptop and got something with only a fraction of the power. an educated buyer is you!
Matt
Matt - September 18, 2010 at 8:58pm
And?
Recent. Read the latest Apple News.
RECENT
Tutorials. Help is here.
TUTORIALS
Where to Download macOS Sequoia
Where to Download macOS Ventura
AppleTV Firmware Download Locations
Where To Download iPad Firmware Files From
Where To Download iPhone Firmware Files From
Deals. Save on Apple devices and accessories.
DEALS