Move Over PCs, Tablets Are Taking Over

Tablet sales are expected to hit nearly 500 million units a year by 2015 and become a $100 billion-plus market. By then, tablet sales are expected to far surpass PC sales of about 360 million, according to a Business Insider report.

The age of PCs are over, contends the report. They will of course still be around in one form or another, but they won’t consume as much of the market. Tablets can’t really replace PCs — personal computers are just better suited for certain tasks, like creating spreadsheets — but tablet sales will benefit from their being cheaper than PCs, and allowing for easy Web browsing, one of the most popular activities for which people now use their personal computers.

Because they are cheaper, tablets are likely to have a faster turnover rate, one more similar to that of smartphones than that of personal computers, with consumers continually upgrading to the latest versions of the iPad (NASDAQ:AAPL) or Kindle Fire (NASDAQ:AMZN).

Tablets are also making a big push into business and education, which will help their sales grow. Supplying a classroom with enough tablets for 30 students is no doubt cheaper than purchasing 30 laptops, and many of the tasks for which laptops are now used in the context of the classroom may soon, if not already, be more easily accomplished on a tablet, especially if there’s an app for that.

To contact the reporter on this story: Laurie Danas at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com