The iPad, and other tablet computers have more than legs, they have teeth. Or, so says a Wall Street analyst with charts showing cannibalization of notebook PCs at a growing rate. With nearly 55 million tablet expected to ship next year, the new platform will consume 35 percent of notebooks — or 19.1 million units — in 2011.
“We suspect December quarter retail data is likely to provide even more interesting tablet cannibalization data points,” writes Goldman Sachs analyst Bill Shope. Here’s a hint what the data might show: more bad news for notebooks.
