Best Buy CEO Brian Dunn: iPad Cannibalizing Laptop PC Sales by 50%

Posted on: Saturday, September 18th, 2010
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ipad best buy retail store merchandise hand held gadgets consumer electronics business wall street journal photo Best Buy CEO Brian Dunn: iPad Cannibalizing Laptop PC Sales by 50%Retailers are revamping their aisles with hand-held gadgets in anticipation of holiday shopping season. Wall Street Journal is reporting Best Buy CEO Brian Dunn as saying that “internal estimates showed that the iPad had cannibalized sales from laptop PCs, especially netbooks, by as much as 50%.”

Just recently, notebook sales negative growth figures were charted by Fortune with iPad shouldering at least some of the blame. Last summer Apple CEO Steve Jobs had some choice predictions about the eclipse of the PC by the likes of iPads and mobile smartphone devices.

Best Buy released a statement on September 27 “Statement: Reports of notebook, netbook sales declines grossly exaggerated,” addressing the CEO Dunn’s comment, here’s some of it:

The reports of the demise of these devices are grossly exaggerated,” [Best Buy CEO Brian] Dunn said. “While they were fueled in part by a comment in the Wall Street Journal that was attributed to me, they are not an accurate depiction of what we’re currently seeing. In fact, we see some shifts in consumption patterns, with tablet sales being an incremental opportunity. And as we said during our recent earnings call, we believe computers will remain a very popular gift this holiday because of the very distinct and desirable benefits they offer consumers. That’s why we intend to carry a broad selection of computing products and accessories to address the demand we anticipate this season.

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