Netbook Killer: Apple’s revolutionary iPad destroying the netbook business

“There’s an interesting chart in a report to clients issued early Thursday morning by Morgan Stanley’s Katy Huberty,” Philip Elmer-DeWitt reports for Fortune.

“What caught my eye, however, was what her proprietary research shows about the impact of the iPad and other tablets on the broader gadget market, starting with netbooks. As her chart shows, sales growth of these low-cost, low-powered computing devices peaked last summer at an astonishing 641% year-over-year growth rate,” Elmer-DeWitt reports. “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.”

Source: MacDailyNews