ASUS Eee PC Sales Hit By iPad Launch

ASUS has announced that the company expects to see a decline in its netbook sales during the third quarter owing to the launch of Apple's iPad.

During an investor meeting, the company said that it expects to ship 1.4 million units of its Eee PC netbook as the market for netbooks has been severely hit by the iPad, which continues to post strong sales figures across the board.

ASUS also went on to say that its Eee PC netbook will only manage to sell around 7 to 8 million units during the year, despite the fact that market analytics firm iSuppli predicts that netbook sales will rise by 30 per cent this year.

The company's CEO, Jerry Shan, said that ASUS plans to launch a 10-inch Android powered tablet device which will priced below $399, set to be released early next year.

ASUS is planning to try and regain some of its lost market share from Apple by entering the tablet PC market.