10/11/2010

RIM to Sell Tablet for Less Than $500 to Take On IPad


Research In Motion Ltd., moving into the tablet-computer market for the first time, said it will begin selling its BlackBerry PlayBook for less than $500, suggesting RIM may try to undercut Apple Inc.’s iPad.

The iPad starts at $499 for a model with 32 gigabytes of storage and Wi-Fi wireless technology. The price rises to $829 for a version with more storage that can connect directly to cellular-phone networks.

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