Jobs says iPhone is a netbook and a sub $500 comp is junk
Posted: Wed Oct 22, 2008 12:10 am
http://bits.blogs.nytimes.com/2008/10/21/read-my-lips/
Is it me, or is Stevie boy actually becoming even more full of shit than he used to be?But the most fun on the conference call came when he parried analysts’ questions about new product areas that Apple might or might not enter. A recurring question among Apple watchers for decades has been, “When is Apple going to introduce a low-cost computer?
Mr. Jobs answered that decades-old complaint by stating, “We don’t know how to build a sub-$500 computer that is not a piece of junk.” He argued instead that the company’s mission was to add more value for customers at current price points.
However, he gave a more nuanced answer to the question of whether Apple plans to jump into the “nascent” market for netbooks, essentially restating his comments on the question from last week at the Macbook introduction in Cupertino by saying the company was taking a wait-and-see attitude.
At the same time, he noted that the company already had a powerful entry in the category: the iPhone. (By that standard, Apple is already the dominant netbook manufacturer by orders of magnitude.)

