For evidence of iPad's success, first, a
Cowen and Co.
found that 12% of respondents plan to purchase a mini in the next 18 months. More than half have never owned a tablet before. Just 16% will use it as a replacement for another device; of those, 29% will replace an iPad, 13% a Kindle Fire and in horrible news for
(MSFT - Get Report)
, 42% plan to replace a Windows PC.
Second, in more bad news for Microsoft,
reported survey results of 135,000 Windows users, gathered by anti-virus company
. Just 16% of respondents plan to purchase a new computer, a sparse 9% of that total says it will speed up that purchase because of Windows 8, but a whopping 30% of total respondents plan on switching to an iPad, while 12% intend to buy a Mac.
And regarding Apple's fortunes generally, the catalyst we have all been waiting for might finally be close. Although
All Things D
tossed some cold water on the rumor, an analyst from Jefferies describes the launch of iTV/Apple TV as "imminent." Any movement on the next new
big thing helps because the long-term concern associated with a Tim Cook-led Apple looms large . . . and rightfully so.
Bottom line: This is not a stock you want to be short, even if you're Jeff Gundlach. For goodness sake, even
Doug Kass has turned bullish.
Read all about it here!