RIM shares up as CEO says tablet to cost below 500 dollars

November 10, 2010
The BlackBerry PlayBook is pictured in September 2010. Shares in Research In Motion surged on Wall Street on Wednesday after the chief executive of the company behind the BlackBerry said its upcoming tablet computer would cost below 500 dollars.

Shares in Research In Motion surged on Wall Street on Wednesday after the chief executive of the company behind the BlackBerry said its upcoming tablet computer would cost below 500 dollars.

RIM shares were up 7.53 percent at 59.14 dollars in afternoon trading.

RIM co-chief executive Jim Balsillie said the Canadian firm's touchscreen , the "PlayBook," will be introduced in North America in the first quarter of 2011 with a global launch in the second quarter of the year.

"There's a lot of demand and we are seeing a lot of interest from international retailers," Balsillie told The Wall Street Journal on the sidelines of the Group of 20 summit in Seoul.

RIM unveiled the Playbook in San Francisco in September as it seeks to compete with Apple's popular and Samsung's recently launched Galaxy Tab.

The PlayBook has a seven-inch (17.8-centimeter) display, smaller than the 9.7 inches of Apple's iPad, and plays Adobe Flash video software, which is banned from the Apple device.

The cheapest iPad costs 499 dollars while the top model is priced at 829 dollars.

Explore further: BlackBerry maker offers 'PlayBook' tablet aimed at businesses

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not rated yet Nov 10, 2010
Smaller than the iPad ?? I want one twice the size !!
not rated yet Nov 11, 2010
I want 2 sizes, personally. Something big that I can use when I need to look at something giant (like that neato looking touchscreen coffeetable that Microsoft prototyped. That was awesome looking, although incredibly expensive), and a small device like this that I can easily hold without straining my arm.

iPads are too small to fill the roll of the big device that I want, but too heavy to fill the roll of the small device. I've only held one once (briefly), but I could immediately tell that it was too heavy to comfortably hold in a single position for an extended period of time.

(And, not coincidentally, that's what the guy (a stranger on a plane) said to me right after I thought it. He then handed me his kindle and said something to the effect of "this is easier on the hands". And he had a nice laptop, and an expensive phone. I was thinking to myself "... why are you sitting in coach, buddy?")
not rated yet Nov 11, 2010
More to the point, how many sherpas did he have lugging his stuff around? It's very difficult at the price of computers and the size of USB disks these days to justify carrying a laptop from office to office (unless you make your living selling text very cheaply by the word to the point where you need to be typing while on an airplane or train). A machine which combined my Sony PR505 book reader with my blackberry is perfect. Hey Rim!
not rated yet Nov 11, 2010
BTW, RIM, don't forget the little slide-out thumbpad / keypad, something the size of my Samsung phone's keypad. Or better yet, a Bluetooth link that could allow the machine to "take over" my phone's keypad when i needed it. Yeah! With that, I could annotate my books, make notes at meetings, making all the other competitors obsolete.

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