Desktop vs Notebook vs Netbook

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Desktop is what sits on your desk (or under it) that is supposed to be quite powerful to provide gaming, internet surfing and handle any other tasks. Notebook is what you carry around with less power. While it can be carried around, most notebook just doesn't work long enough to make it truly portable. Usually it takes less than 2 hours before it cries out for more battery. The lines between the 2 is quite clear. You want more power, you buy a desktop. You want portability, you buy a notebook. So far so good until the Netbook comes in. There is no definition as what makes a Netbook but it is generally accepted that a Netbook is one with less than 10" screen size with an Atom CPU. At first look, a Netbook is just like a joke as it is small in screen size and nearly no processing power at all compared to Notebooks. But then, they provide one thing that is outstanding: Battery life. My Netbook for example can run on its own battery for up to 4 hours. And the newer models claim up to 8 hours of usage with Wifi on! So, Netbook suddenly becomes strange in position. If you want power, you want a desktop. If you want portability, you may opt for Netbook. Only if you want both side of the world (and you are willing to pay huge money for that), then you will go for a Notebook. What's your view on this? Do you think Notebook market will soon collapse with the rise of Netbook? Or you think that Netbook is just a toy that well, it will stay as a toy only?