Wal-Mart jumps into laptop market

July 23, 2009 7:49:15 PM PDT
Look out Apple stores -- Wal-Mart wants to become America's first stop for computers.

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The retail giant has increased its laptop selection by 40 percent and will sell loaded laptops for less than the price of a basic netbook.

Starting Sunday, Wal-Mart will sell an exclusive Compaq Presario notebook, running Windows Vista, with 3 gigabytes of memory, for $298.

The retailers will also offer a Vista laptop with an 8-hour battery for $548.

Industry experts say Wal-Mart's strategy could trigger a price war.

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