Best Buy CEO: iPad cannibalizing laptop sales by 50%

iPad may be cannibalizing laptop sales by as much as half according to Best Buy CEO, Brian Dunn:

Mr. Dunn also said internal estimates showed that the iPad had cannibalized sales from laptop PCs by as much as 50%

It will be interesting to see how much, if at all, they cannibalize iPod and MacBook purchases, and if they're in it for the long haul or the cannibalization stops when most of the people who want an iPad get one.

[Wall Street Journal]

Rene Ritchie

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.