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The big reveal
"All of us use laptops and smartphones now," Jobs said. "Is there room for a third category of device, something between a laptop and an iphone? Tough hurdle. It has to be better than the other two."

Then he took a swing at the competition: "Netbooks aren't better at anything."

NEXT: The price

Last updated January 28 2010: 11:29 AM ET
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