The holiday season is fast approaching, and people are going to soon start shopping around for their friends and family members for the holiday season. Everybody seems to be into giving gadgets away these years, and there are plenty to choose from this season. We do have a number of decent netbooks that people can give away. Let’s not forget about Apple iPhone and other top smart-phones either. Add to the all that Amazon Kindle and Sony Reader, and shoppers have plenty to choose from. But can netbooks end up on top?

A recent study by Retrevo indicates that HDTVs, cameras, and netbooks will battle it out for the supremacy during the holiday season. While owning a new HDTV is always intriguing, it has to be said that HDTVs are more likely to lose their demand in a recession than netbooks and digital cameras. The prices have been coming down as far as point and shoot digital cameras are concerned. And netbooks are dirt cheap at this point. So the competition seems to be between these two.

I do expect Apple iPhone to be also up there with netbooks and cameras. Considering the fact that Apple iPhone is a smart-phone, camcorder, and a mini-computer all in one device, it is going to be very popular this holiday season. It’s tough to say which gadget is going to win out, but netbooks should be right up there, challenging for the No. 1 spot among holiday gadgets.

Your take: which gadget is likely to end up selling more in this year’s holiday season?