Website Boy Genius Report is claiming that Apple and AT&T will be launching a $99 netbook in June, citing a source “pretty high up in AT&T’s food chain”.

The $99 3G netbook will start selling this summer, and the first one won’t be a Windows OS.
For clarification, the above is 100% confirmed.

This seems like the exact same rumor that was circulating before the Macworld expo this year (and before that last summer), and is about as likely to be true. Apple have so far kept clear of the netbook market, stating that they did not see it as a viable opportunity. There is no reason why they would want to release a product which would undercut the iPhone in such an obvious way, in fact I would say that the iPhone IS Apple’s netbook offering.

This is quite apart from the point made by a commenter at RoughlyDrafted that a netbook would cost more to produce yet expect to sell for less than the iPhone.

I think that if there is any shred of thruth to this then it will be a device in a completely new format rather than a traditional laptop-type product.