This morning we reported on an interview between the WSJ and Best Buy CEO Brian Dunn where Dunn supposedly said Apple’s iPad is “Cannibalizing” notebook sales by 50%. Now, Best Buy has just released an official statement calling out the WSJ for exaggerating Dunn’s statements.
“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.”
It looks like the CEO’s statements were misquoted and Best Buy simply believes tablets are “incremental opportunities” and notebooks will continually to be popular products.