[TheLegacy]

New gadgets have become cheaper, more functional and offer more bang for the buck than devices like the PC, MP3 player and netbook. High function but low-end smartphones are now available on low-cost wireless carriers like MetroPCS (PCS), Sprint's (S, Fortune 500) Boost Mobile and Leap Wireless' (LEAP) Cricket, and devices like e-readers have begun price wars.

Most importantly, newer gadgets offer more than just the devices' primary functions themselves; many have a multitude of services that come with them. Tablets and e-readers have 3G connectivity, the ability to download a host of apps and access to GPS services, which most music players and laptops can't handle. Some services like Netflix (NFLX) and Amazon's (AMZN, Fortune 500) Kindle apps allow users to begin watching a movie or reading a book on one device and finish it on another device.