Apple's iPad nabs Netbook market share

[bhrami]

The iPad is starting to grab market share from Netbooks, a trend that may not bode well for these small laptops, according to a report from DisplaySearch on Tuesday.
"It appears that the momentum is shifting from mini-note PCs to slates," market researcher DisplaySearch said in a note. Netbooks are small, lightweight laptops, typically powered by an Intel Atom processor. Netbooks are also referred to as "mini-notes."
In the first quarter of this year, Apple shipped almost 700,000 iPads into the channel, accounting for 6.5 percent of all mini-note PCs/slates and in the first two months of the second quarter Apple sold more than 2 million iPads, DisplaySearch said.
"DisplaySearch expects that the iPad will continue to account for an increased share of the mini-note PC/slate segment in Q2'10. In the second half of the year, as additional slates are launched, the clamshell-style mini-note PC (netbook) could continue to lose share," according to the firm.