Update: It did seem weird to us that the mighty laptop would be that vulnerable to the iPad, and sure enough, our queries with Best Buy were met by the following response:
So, Brian was not only talking about netbooks, but his words were exaggerated too. Phew, and we were just about to start selling our shares in Dell and HP. You can find his full clarification on this issue after the break."The paraphrase that was used in the WSJ wasn't really an accurate reflection of what Brian said to the reporter.
What Best Buy CEO Brian Dunn said was that we had no firm numbers, but that we speculated there was some replacement of netbooks by iPads going on. We did not provide specifics because we do not presently have the hard numbers on which to base those specifics."
Statement: Reports of notebook, netbook sales declines grossly exaggerated
RICHFIELD, Minn., September 17, 2010 –In a statement today, Brian J. Dunn, CEO, Best Buy Co., Inc. (NYSE:BBY), likened recent rumors of a pending decline in notebook and netbook sales to a legendary Mark Twain-ism:
"The reports of the demise of these devices are grossly exaggerated," 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."
- Key specs
- Form factor Tablet
- Operating system iOS (8)
- Screen size 9.7 inches
- Storage type Internal storage (16 GB, Flash)
- Maximum battery life Up to 10 hours
- Dimensions 9.4 x 6.6 x 0.24 in
- Weight 0.96 lb
- Announced 2014-10-16