That’s my translations of the words of this Apple Spokesman:
When I’m looking at what’s sold in the Netbook market, I see cramped keyboards, junky hardware, very small screens, bad software. Not a consumer experience that we would put the Mac brand on. As it exists today, we’re not interested in it nor would it be something customers would be interested in the long term. We are looking at the space. For those who want a small computer that does browsing/email, they might want an iPhone or iPod Touch. If we find a way to deliver an innovative product that really makes a contribution, we’ll do that
Basically they are repeating what they said about two years ago when they were asked about UMPC. Apple’s Price formula is very simple: Cost + 200% (Minimum) = Price, now take $500 + 200% = $1500. Would you pay 1500 dollars for a netbook? I won’t.
And sorry, the iPhone and iPod could be very good emergency tools for browsing the web but they do not even support flash so I find the comparison with the real navigation experience that you can get using a netbook… Stupid.