BlackBerry PlayBook Will Cost Less Than $500

The BlackBerry PlayBook will be retailing for less than $500 according to RIM’s co-CEO, Jim Balsillie. He answered some of the world’s burning questions on the upcoming tablet in Korea, but has still left us hanging on the edge of our seats for more.

He revealed that the PlayBook would be selling for “under $500″ (£312) once it’s released in the US in Q1, before launching around the world in Q2 although he didn’t specify which countries would be among the first to stock it, apart from South Korea. Receiving the info straight from the horse’s mouth instantly dismisses earlier claims from African network, TSTT who were reported to have said they would be stocking the BlackBerry tablet from February.

The 7 inch 1GHz dual-core processor PlayBook is also lining up to take on Apple’s iPad, and Mr Balsillie believes the popular tablet’s dominance “will change when we’re in the market.” Apple has sold 4.19 million iPads to date and has managed to beat off competition from the Samsung Galaxy Tab so far, which is on course to sell one million units by the end of the year.

There’s no word on pricing or an exact release date for the BlackBerry PlayBook in the UK just yet, but judging by the specs alone, it’s looking likely that its release could turn the tablet wars into a three horse race.

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