A pouch for a padfolio or other business accessory that encloses a PDA or other electronic device with an extraction or ejection strap having a pull-tab exposed on the top face of the pouch is provided. The pull-tab is connected to an outer free end of the strap, and the strap extends around the bottom of the device within the interior of the pocket. The strap is secured to an opposing bottom face interior of the pouch. When the tab is pulled, the strap engages the bottom of the device and urges the device upwardly out of the opening so that it can be grasped easily at its top end, which now extends from the opening. The top face of the pouch, as well as the side walls, can be sized so that the device is fully enclosed by the pouch for better security. The slot on the top face of the pouch from which the strap and pull-tab extend can be reinforced with a gusset formed from a durable material, such as soft polyvinylchloride (PVC). The pouch can be fixed to the base of the padfolio or can be removably attached to the padfolio using, for example, a hook and loop fastener material.