RIM Playbook Will Be Under $500

Will it be “the iPad for business?” Or, will users just say that they want iPads? We’ll see! Though, $500.00 is easier to get approved than $800.00.

RIM Climbs to Highest Since June on Plan for Tablet Under $500

“Research In Motion Ltd. climbed to the highest level since June after saying it will sell the BlackBerry PlayBook tablet computer for less than $500, suggesting it may try to undercut Apple Inc.’s iPad. ‘The product will be very competitively priced,’ co-Chief Executive Officer Jim Balsillie said in an interview in Seoul today, without being more specific than saying it will be ‘under’ $500. RIM, maker of the BlackBerry smartphone, will start selling the PlayBook in North America in the first quarter and expand into global markets in the second quarter, he said. The iPad starts at $499 for a model with 16 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.”