‘Digita Newsstand’ for iPad ?

mag-subscription-ipad-app With strong iPad sales and Best Buy CEO, Brian Dunn, claiming iPad to be cannibalizing notebook sales by ‘as much as 50%,’ Apple wanted to offer newspaper subscription model for iPad. The Dunn statement however was ‘corrected‘ by another statement saying that there is some replacement of low-end netbooks by iPads, but Best Buy doesn’t know the exact figure.

In a recent report by Bloomberg, Apple is planning to launch a “digital newsstand” for newspapers similar to the iBookstore to offer newspaper subscription for iPads. The service is expected to commence within a few months.

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