Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Guess Who's Selling a Netbook?

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Forget about Dell (Nasdaq: DELL  ) and Hewlett-Packard (NYSE: HPQ  ) -- Nokia (NYSE: NOK  ) wants to sell you your next netbook. Or your first, if you've yet to jump on the bandwagon.

Was this what Nokia's executive vice president of devices, Kai Oistamo, meant when he said a deal to put Office Mobile on its Symbian smartphones was scratching the surface of his company's alliance with Mr. Softy? (Nokia's netbook will run Windows.)

Perhaps. It's more likely that the lines are blurring. "[The Nokia netbook is] not going to be ... huge compared with its mobile portfolio, but strategically it's where devices are headed," Gartner analyst Ranjit Atwal told The Wall Street Journal in an interview.

He's right. Apple (Nasdaq: AAPL  ) sells both smartphones and computers, as does Dell, thanks to a recent deal with China Mobile (NYSE: CHL  ) .

What's more, telcos and retailers have been talking about offering netbook subsidies, just as they do for certain mobile phones. Best Buy (NYSE: BBY  ) in July was selling HP netbooks for $0.99 each, on the condition that buyers also sign up for a 3G wireless service plan. Now Nokia wants in on the party.

My guess is it's already too late for the "Booklet 3G," as Nokia calls it, to have an effect here in the U.S. But in Europe and Asia, where Nokia is strong, and where netbooks already have appeal thanks to cheap Asian manufacturers such as Asus and Acer, this device may be exactly the growth catalyst shareholders have been hoping for.

Get your clicks with related Foolishness:

Apple and Best Buy are Stock Advisor selections. Best Buy, Dell, and Nokia are Inside Value picks. The Fool owns shares of Best Buy. Try any of our Foolish newsletter services free for 30 days.

Fool contributor Tim Beyers had stock and options positions in Apple and a stock position in Nokia at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Twitter as @milehighfool. The Motley Fool is also on Twitter as @TheMotleyFool. The Fool's disclosure policy is ringing up your order. Please step to the side. Next!

Read/Post Comments (1) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On August 25, 2009, at 6:01 AM, EuroBob7 wrote:

    This whole convergence thing is tough to call. The new Nokia N900 is also seen as a Blackberry and iPhone beater. I feel that when the dust settles only Apple and Nokia will survive - but I've been wrong before

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 970181, ~/Articles/ArticleHandler.aspx, 10/27/2016 1:21:12 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,210.19 10.86 0.06%
S&P 500 2,137.32 -2.11 -0.10%
NASD 5,230.84 -19.43 -0.37%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/27/2016 1:05 PM
NOK $4.79 Down -0.38 -7.27%
Nokia CAPS Rating: **
AAPL $114.97 Down -0.62 -0.54%
Apple CAPS Rating: ****
BBY $38.48 Down -0.81 -2.06%
Best Buy CAPS Rating: *
CHL $57.41 Down -0.76 -1.30%
China Mobile CAPS Rating: ****
DELL.DL $0.00 Down +0.00 +0.00%
Dell CAPS Rating: *
HPQ $14.01 Up +0.10 +0.72%
HP CAPS Rating: ***