Piper Jaffray says LogMeIn (LOGM +0.8%) remains a play on Apple's iPad, and estimates its switch...

|By:, SA News Editor

Piper Jaffray says LogMeIn (LOGM +0.8%) remains a play on Apple's iPad, and estimates its switch to a subscription model has increased downloads of Ignition ten-fold. The firm sees little risk to the company's 2012 estimates despite recent investor concerns.