PC Makers Bet On Wee Computers (AAPL)(INTC)(DELL)(NOK)(RIMM)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

The market for desktop PCs and notebooks gets more competitive by the day. Just ask Michael Dell of Dell (DELL). He has cut more people and plans to shut a facility in his hometown, Austin. Citizens throw rotten fruit at him in the streets. The resurrection of the Apple (AAPL)  Mac has put one more significant player in the field. With a slow economy, the pie is not growing as fast as it did for several years. It is an ugly situation.

Enter the tiny PC. Selling for as little as $300, it does not do much. It has very little storage. It does allow owners to explore the internet and use their e-mail. It works with WiFi and will probably work with WiMax, if there ever is any.

According to The Wall Street Journal "Inte (INTC), which calls the new devices "netbooks," says 10 computer makers have committed to designing 20 machines." And, why not? It seems like a virgin market.

It truth, it is one of the most crowded markets in the world. The makers of so-called "smartphones" are flooding the world with everything from Apple iPhone to more consumer-friendly RIM (RIMM) Blackberry models. Nokia (NOK) and Sony Ericsson are attack the business with a vengeance. While the average price of the handsets they sell around the world is dropping, smartphones sell for big cash.

All of these smartphones have the ability to work on the internet, watch video, play the Rolling Stones, and send e-mail. They are, in other words, direct competitors to the devices PC-makers want to put into the market.

But, they are a little late.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618