Many apple lovers speculated that the company was about to release a low-cost notebook and despite the fact that no Apple netbook was announced. Tim Cook this week repeated the company’s stance on netbooks, as well as the possibility of a low-cost iPhone Nano or a netbook. He further squashed fanboys’ hopes by pouring water on the notion that the company would release a ‘netbook,’ citing sacrifices like cramped screens and keyboards, underpowered processors, and poor software performance in such stripped-down models.

Via [Computer world]