Apple is not a company that is afraid to introduce a product that will cannibalize other Apple products. No one buys iPod Classics anymore, they buy an iPod Touch or iPhone. The MacBook Air cannibalized sales of regular MacBooks. And many assumed the iPad mini would cannibalize sales of the iPad, but that assumption is false.
Some analysts believed the iPad mini would cannibalize sales of the iPad by a rate of 10 to 20 percent. A new survey by Cowen and Co. shows that while the iPad mini has been selling well, it hasn’t been cannibalized its bigger sibling, but it is killing PC sales.
What we can infer from the survey is that people who are buying the iPad mini aren’t buying it to replace their iPad, they’re buying it to replace their PC, or to dip their toes into the waters of the tablet wars. Apple doesn’t have to worry about the iPad mini sucking away iPad sales, because the iPad mini is actually bringing more new customers into the Apple-fold, and that’s a scary proposition for all of Apple’s competitors.
Source: All Things D.