Friday, August 8, 2014

Best Buy dreams of laptop revival amid 'crashing' tablet sales

A couple years ago, few people would have bet on the laptop as the savior for an ailing tablet market. But that's what Best Buy seems to be counting on as tablet sales fall flat.

"The tablets boomed and now are crashing. The volume has really gone down in the last several months," Best Buy CEO Hubert Joly told Re/code. "But I think the laptop has something of a revival because it’s becoming more versatile."

Although Joly didn't provide any numbers, IDC estimates that worldwide tablet sales grew by just 11 percent year-over-year in the second quarter, down from 60 percent growth between 2012 and 2013. Apple was hit the hardest last quarter, as iPad sales fell by 9.3 percent over the last year, but rival Samsung's growth was essentially flat, and Amazon didn't even appear on the list of top five vendors.

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Source: http://www.pcworld.com/article/2458913/best-buy-dreams-of-laptop-revival-amid-crashing-tablet-sales.html#tk.rss_laptopcomputers

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