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With the release of the PlayBook by RIM, their stocks have taken a high-rise hits especially since they announced now that they will be competitively pricing it below $500.
Now, with iPads and Galaxy Tabs playing in the $400 up to $900 range, it really defines the 7-inch niche for tablets against other competitors.
Co-Chief Executive Officer Jim Balsillie confirmed this in an interview with Seoul Today and was not specific with anything more. What he confirmed was that the PlayBook will be available in the US market by the first quarter of 2011, and then move on to global markets by the second quarter. This may be a good move since they did not disclose any pricing point in their last event when they presented the PlayBook.
The Wi-Fi only Playbook is already comparable to the pricing of a 16 GB WiFi iPad, so the $500 or below (maybe a penny or a buck below) is sensible. This can put pressure on the 7-inch 3G Samsung Galaxy Tab which goes on sale under Verizon tomorrow for $599.99.
What’s funny here is that by the time 2011 is already in the 2nd quarter, Apple and Samsung may already have a new version of their tablets in the market, with better technology than Adobe Flash.
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