Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Thursday, December 15, 2011

The end of an era: Dell stops making netbooks | VentureBeat

The end of an era: Dell stops making netbooks | VentureBeat:

shops everywhere, is so uncool that its nearing extension. Case in point: Dell is saying sayonara to its consumer netbook business.

Dell will stop producing its Inspiron Mini line of netbooks and has no plans to release any devices in the mini notebook category, the company confirmed toThe Verge.

The company is now focusing its attention on pricier Ultrabooks, the red hot new category of devicesinspired by Apple’s popular MacBook Air. “Thin and powerful is where it is at for us,” Dell’s marketing director Alison Gardner told The Verge.

Scrapping the netbook business is the wise thing to do. Research shows that tablet sales are booming whilenetbook sales are tanking. And, in Western Europe, Gartner calculated a more than 40 percent decrease in netbook shipments in the third quarter of 2011.

Still it’s a bittersweet sign that an era — albeit just short one, netbooks only date back to late 2007 — has come to end. Viva la ultrabook.

[Red sunset image via Shutterstock]

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