Best Buy CEO backpedals on iPad cannibalization comment
Brian Dunn, CEO of Best Buy, issued a statement Friday clarifying his earlier comment that the iPad had cannibalized sales of some notebook and netbook models by as much as 50 percent.
Katy Huberty
Josh Ong
Morgan Stanley: Apple's iPad consuming 25% of PC notebook sales
A new model demonstrating the notebook sales trends over the past year shows a significant market-wide decline since the introduction of Apple's iPad.
Neil Hughes
Apple expected to have 100M iPhone subscribers by end of 2011
With a total user install base of 30 million at the end of 2009, Apple's number of active iPhone subscribers is expected by one prominent analyst to more than triple to 100 million by the end of 2011.
Continued iPhone growth could push Apple stock to $400
Morgan Stanley analyst Katy Huberty said Monday she believes iPhone market share growth, including in the enterprise market, along with strong initial demand for the iPad will push Apple stock to $310, but her "bull case" scenario shows it going even higher, to $400.
44% of iPad buyers view Apple's tablet as notebook replacement
A survey of iPad buyers found that 44 percent would purchase the touchscreen device instead of a notebook, and 41 percent would not buy an iPod touch as a result of their tablet.
Sam Oliver
Expectations for Apple hit new heights after record iPhone sales
Apple's 8.75 million iPhones sold in the March quarter combined with a better-than-expected launch of the iPad has led analysts to increase their already bullish views on the company's stock.
Oppenheimer raises Apple target ahead of second quarter earnings
Research investment firm Oppenheimer on Friday raised its price target and estimates for Apple through the end of the fiscal year to reflect improving momentum across all the company's product lines and expectations of strong March quarter results.
Slash Lane
Strong interest in Apple iPad expected to produce 7M first-year sales
A new survey of 2,500 consumers found that a large number — 21 percent — are interested in purchasing an iPad, which has led one prominent analyst to project 7 million sales of Apple's new device in its first 12 months on the market.
Apple to build 8-10M iPads in 2010, begins shipping preorders
As Apple began shipping the first iPads to those who first preordered, a new report on Monday said the company plans to ship between 8 million and 10 million devices in the 2010 calendar year.
AppleInsider Staff
Katie Marsal
Aidan Malley
