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Best Buy CEO: iPad Is Cannibalizing Laptop Sales By 50%

The CEO of Best Buy just said the iPad is cannibalizing 50% of the company’s laptop sales, the Wall Street Journal reports.

When consumers walk into Best Buy now, they don’t look at or want laptops, instead they’re drawn to the iPad.

“People are willing to disproportionately spend for these devices because they are becoming so important to their lives,” says CEO Brian Dun.

via Best Buy CEO: iPad Is Cannibalizing Laptop Sales By A Shocking 50%.

It’s proceeding as expected, but much, much more quickly.

My first reaction in January: asymco | First Thoughts on the iPad

A further thought in May: asymco | Will Apple rule the iPad market? (part II)