At first blush, we didn't really know what to think of the iPad. But after today, we might finally have an idea about what's going on.
Katy Huberty, an analyst for Morgan Stanley reported today that the netbook industry has slowed since the beginning of the year--a trend that could be linked to the January introduction of the iPad.
"As her chart [above] shows, sales growth of these low-cost, low-powered computing devices peaked last summer at an astonishing 641% year-over-year growth rate. It fell off a cliff in January and shrank again in April--collateral damage, according to Huberty, from the January introduction and April launch of the iPad," Fortune notes.
You can read the full details (and see pretty charts) on Fortune's website.
via MacRumors
