Nokia Enters Netbook Market

Nokia Corp. (NOK - Snapshot Report) yesterday announced its sales and distribution plan for its first netbook called “Booklet 3G”. The U.S. retailer Best Buy Co. Inc. (BBY - Snapshot Report) will sell this netbook (mini laptop) for $299.99 together with AT&T’s (T - Analyst Report) 3G data plan of $60 per month for a two-year contract. Also, a carrier-free unsubsidized option will be available for a price of $599. Booklet 3G will be available from mid-November. The pros and cons of Nokia’s new venture are as under:

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Qualcomm Takes Lead as 4G Patent Holder

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