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iPad is eating Laptop share : Best Buy CEO, retreat from the given statement

Best Buy on the leading global electronics retailer has came out with its assessment. Best Buy CEO Brian Dunn take back his statement that the iPad had cannibalized sales from laptop PCs.

According to Dunn, reports claiming a decline in notebook and netbook sales are grossly exaggerated and are not an accurate depiction of what Best Buy is currently seeing.

These reports cited by Dunn are based upon a comment attributed to him by the Wall Street Journal.

In this comment, he claims that the iPad is causing Best Buy’s netbook and notebook sales to decline by 50%. This one quote appeared in headline after headline and caused a furor in the tech world yesterday.

Best Buy is now doing some damage control as it tries to tone down this original claim with the less inflammatory statement that “we see some shifts in consumption patterns, with tablet sales being an incremental opportunity.” It also adds that it believes “computers will remain a very popular gift this holiday because of the very distinct and desirable benefits they offer consumers.”

Src: [Techcrunch]

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