The Apple Netbook...Dude People.. It already exist

I read this a couple of weeks ago and have been laughing since.

http://www.intomobile.com/2008/10/23/apple-iphone-hd-spotted-online.html

I keep seeing  rumors online about the Apple Netbook.  Dude, wake up! You already have the perfect Apple Netbook. Its called the iPod Touch. It is small. Fits in your pocket and lets you surf the web as well as download applications. What more could you possibly need? Some big screen that you lug around because you are getting old and can't see clearly? 

Lets talk about the logic of Apple coming out with a Netbook.  You have the Touch. You have the iPhone. Both are selling like hot cakes why would you want a product that competes with your own? Some may argue that a bigger screen would improve the experience but realistically after dreaming about smaller and smaller devices with more functionality, would you really want something bigger?