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iPad 'Cannibalizing' PCs in Ed Market

Already a hit with the education market, Apple’s iPad is poised to completely take it over, according to the analyst firm Needham & Company, which reports that the tablet is outpacing sales of PCs to students and schools.

In an article posted at CNet.com, Charlie Wolf, an analyst at Needham & Company, is quoted as saying that the iPad is now "cannibalizing" PCs in sales to the K-12 market.

CNet, citing a report from Apple Insider goes on to quote Wolf, "Clearly, a significant portion of iPad sales represented an expansion of the market. But in view of the fact that Mac sales held steady at around 520,000 units but overall PC sales declined by 265,000 units from 1.90 million to 1.64 million units, we believe the inescapable conclusion is that the iPad is beginning to cannibalize a material portion of PC sales in this market."

This new data, combined with the persistent rumors of an iPad “Mini” to be priced at or around $200, could mean the end of all traditional computers and laptops as classroom tools in the very near future.

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