Gene Munster’s team at Piper Jaffray counted Apple’s sales. P.E.D. reports, “From a total of seven person-hours spent in a variety of Apple stores, Munster’s team found [that] Macs were leaving the stores at the rate of 8.2 units per hour per store… ‘Most notable in our observations,’ he writes, ‘we noticed that the iPad is gaining traction (driven by lower price vs. the Mac) among demographics in which the Mac has historically not been successful. The bottom line is that Apple’s addressable market is expanding with the iPad. The iPad, Munster concludes, is becoming ‘the Mac of the masses.'”
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