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Have You Seen Apple's Netbook?

By Tim Beyers - Updated Apr 5, 2017 at 6:53PM

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Yep, it's here.

At last count, Apple (NASDAQ:AAPL) had sold at least 13 million netbooks. And by "netbooks," I mean "iPhones."

Go ahead, type your hate mail. I'm inviting it with my facetiousness. But that doesn't mean I'm wrong. Take a Dell (NASDAQ:DELL) netbook and compare it, side-by-side, to an iPhone. What's the netbook have that the iPhone doesn't? More disk space, a keyboard, and a larger screen.

Those are all important if you're doing serious work or creating serious documents. Of course, if you were, you'd use a fully loaded laptop -- not a netbook.

Dell says as much at its promo page for the Inspiron Mini 9 netbook. Quoting its highlighted customer review:

Small enough to carry everywhere and enough flexibility to be truly useful. Or just think of it as a super-sized BlackBerry or iPhone. Battery life is a full four hours. [Emphasis added.]

And here's how Wikipedia defines a netbook:

A netbook is a light-weight, low-cost, energy-efficient, highly portable laptop suitable for web browsing, email and general purpose applications -- primarily noted for its small form factor. [Emphasis added.]

Or, in simpler terms, it's an oversized smartphone without the phone. Which means that Apple, Nokia (NYSE:NOK), and Research In Motion (NASDAQ:RIMM) are all in the netbook business. The iPhone, especially; the iTunes App Store hosted more than 10,000 applications at last count.

Some of that software caters to our silly side, like the mega-moneymaker iFart Mobile. Others offer serious value, such as Oracle's (NASDAQ:ORCL) business intelligence portal and's (NYSE:CRM) mobile app.

I mention this because some are gushing about Apple's iPhone distribution deal with Wal-Mart (NYSE:WMT), as if lower prices -- and netbooks! -- will help the iEmpire rule.

Certainly, lower prices would attract attention and sales. But let's also remember that the price-cutters are asking Apple to stop being Apple. Imagine for a moment if the company did. How likely would the Mac maker be to create another new platform, a category-killer that could grow well beyond its initial design? Not very, I think. Innovators create platforms; skinflints don't.

Apple isn't a skinflint, and it shouldn't try to be one. It should forget netbooks. The iPhone is already as good as one, and it'll only improve as the App Store expands its offerings. It's the platform that the much-mocked Newton hoped to be but never was, and it's the precursor to my theory for Apple's Next Great Thing -- a Wi-Fi tablet Mac based on the Safari browser. If I'm right, look for it in 2009.

Get your clicks with related Foolishness:

Apple is a Stock Advisor selection. Dell, Nokia, and Wal-Mart are Inside Value picks. Try either of these Foolish services free for 30 days, with no obligation to subscribe.

Yes, Fool contributor Tim Beyers really did download iFart Mobile. What else would you expect from an analyst for a newsletter called "Rule Breakers?" He credits forecaster Paul Saffo for the tablet Mac idea, and Tim had stock and options positions in Apple, and stock positions in Nokia and Oracle, 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. Its disclosure policy could type more accurately on an iPhone if only its fingers were smaller.

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Stocks Mentioned

Apple Inc. Stock Quote
Apple Inc.
$172.10 (2.14%) $3.61
Wal-Mart Stores, Inc. Stock Quote
Wal-Mart Stores, Inc.
$132.22 (1.85%) $2.40
Nokia Corporation Stock Quote
Nokia Corporation
$5.21 (0.00%) $0.00
Dell Technologies Inc. Stock Quote
Dell Technologies Inc.
Salesforce, Inc. Stock Quote
Salesforce, Inc.
$189.89 (1.69%) $3.16
Oracle Corporation Stock Quote
Oracle Corporation
$79.15 (2.58%) $1.99
BlackBerry Stock Quote
$6.78 (0.59%) $0.04

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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