Bangalore: The sale of Microsoft's Netbook has nosedived yet again from eight percent to a startling two percent from the previous quarter. Overall, the PC market dipped between 2 to 4 percent, according to chief financial officer Peter Klein, who spoke to analysts on a conference call Thursday as quoted by PCMag World.

Tablet is a Netbook in many ways. Performance and speed gaps not being an issue, the versatility of the tablet and its geometry are the favorite factors which have been adapted by the consumers giving the Tablets a winning hand. Microsoft which has tried to shrink its Windows 7 to get accustomed to tablet may soon see Netbooks being extinct

Waning demand for Netbooks compared to stiff competition offered by tablets in recent quarters has changed the trend altogether in the PC market. The PC decline was due to the ongoing Thai floods, which should affect the PC market for another quarter, Klein said.

"We delivered solid financial results, even as we prepare for a launch year that will accelerate many of our key products and services," said Steve Ballmer, chief executive officer at Microsoft, in a statement. "Coming out of the Consumer Electronics Show, we're seeing very positive reviews for our new phones and PCs, and a strong response to our new Metro style design that will unify consumer experiences across our phones, PCs, tablets and television in 2012."

But this does not assure the Net Books sales catapulting as the markets have already been taken over by the Tablets and Microsoft will be left watching the fading away of Netbooks in time.