Analyst Colin McGranahan of Bernstein Research has said today the Apple iPad is the fastest selling gadget of all-time, with an estimated 8.5 million units sold since launch in April.
Leading to the strong sales is the fact that consumers seem to replacing new computer purchases with tablet purchases.
NPD says that 13 percent of iPad owners would have instead purchased a new computer had the tablet not been available.
McGranahan calls the iPad a “runaway success of unprecedented proportion.”
Apple has recently made the tablet available via Amazon, Target and Wal-Mart so sales are expected to spike over the holiday season.
Result for: bernstein
According to Bloomberg, JPMorgan Chase is looking into alternatives for their corporate email needs, moving away from BlackBerrys whilst testing out the Apple iPhone and Android alternatives.
The move would be significant as the bank has 22,000 employees worldwide.
UBS, Switzerland’s largest banks, has also said it is testing iPhones to connect to the company’s email. UBS has 63,000 employees.
Earlier this year, Standard Chartered Bank Plc distributed 15,000 iPhones to employees that had been using BlackBerrys.
Responds one analyst: “This phenomenon is very new and we expect it to put increased pressure on RIM’s performance,” says Pierre Ferragu, an analyst at Sanford C. Bernstein Ltd. “BlackBerry isn’t the only alternative to offer employees mobile e-mail.”
Result for: bernstein
Cablevision is set to trial a new concept service in New York, where it serves 3 million homes. A household with both Cablevision Internet access and cable television services will be able to take part. Basically, the service will use your Internet connection to stream pretty much anything from your computer screen to your television, delivered as your own personal TV channel through your cable.
Titled PC to TV Media Relay, Cablevision is offering the service to customers in an attempt to provide innovative and useful solutions for home media consumption as sites like Hulu become more popular. In order to use the service, a user only needs to install software on a Windows-based machines. Cablevision will market it as enabling online viewing on a television with the push of a button.
Pricing for the service has yet to be decided, and users of Macs will be included as soon as software for the platform is developed. The move follows a service from Comcast called On Demand Online, launched last year to offer cable programming to subscribers of both Comcast Internet and cable TV services.
“Linear video will, no doubt, continue to exist, and even to thrive, but broadband will by then almost inarguably be the core business for the cable companies,” Bernstein Research analyst Craig Moffett said, referring to how the cable sector will change over the next 10 years.