BlackBerry Playbook to be "very competitively priced" under $500

Jim Balsillie, co-CEO of Research in Motion (RIM) has shed some important light regarding this elusive tablet — it’s price range. According to an interview, Balsillie said that the PlayBook will be “very competitively priced”, saying that it will be under $500. Relatively speaking, the 7-inch tablet is priced the same as the bigger 9.7-inch iPad and is $100 lower than the Galaxy Tab as it goes to sale tomorrow. The PlayBook is said to be released  sometime in the first quarter of 2011 to North America and to the rest of the world by Q2.

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