Netbooks are Popular among Recession Penny-Pinchers

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According to the New York Times, lower-cost technology like netbooks are on the rise as consumers cut costs in a time of recession. Netbooks started growing popular during the first quarter of last year, with 500,000 units shipped worldwide. During the third quarter of 2008, shipments rose to 4.4 million netbooks. People would rather pay $200 for a small, portable netbook that allows them to do basic Word Processing and Internet tasks rather than pay three times or more than that for a desktop computer. Business analysts expect PC sales to drop this year for the second time in two decades. Even Apple has reported that revenue from its desktop line fell 31% last year.

I don’t know about the rest of the world but what I do know is that over here in the third world, netbooks have been the gadgets of choice by students at the state university since last year.

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