Posted 07/08/09 at 03:20:56 PM by Pulkit Chandna

A $1 netbook sounds like a Third World fantasy. Ironically, such a netbook has become a reality in the US. Sprint and Best Buy have combined forces to sell the Compaq Mini 110c-1040DX Netbook for 99 cents.

The only caveat being that interested persons will have to opt for a two-year service contract with Sprint Nextel, which costs $1,440 and offers 5GB of data.

The same netbook, which features a 1.60GHz Intel Atom processor, 10-inch screen and 160 HDD, is also being offered by AT&T and Verizon along with a two-year contract for $199. Its actual price is $389.

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