Apple meanwhile is realizing the AIR is not a netbook and cursing every moment of it despite it being a slick machine. They need to get into the netbook offer and they may or may not do that, its not as if they are strapped for cash, but they don't like missing out on the limelight because that sparks trends, and the more people that get cheap netbooks and install osx on them the more they crinkle inside with anger.
iMac sales are stalling, hence the price reduction. Laptop sales are flat. The mini doesn't even count.
The only thing making Apple hotter than Jesus right now is the iPhone and App Store.