Blackberry Playbook Tablet To Cost As Little As $399

RIM will sell its Blackberry Playbook Tablet for way less than we originally suspected and it could well be significantly cheaper than the Apple iPad according to early indications.

Mobility Insider reports that the 8GB version of the Playbook will cost only $399 with the 16GB model selling for $499 and the 32GB available for $599 with no 64GB model in the pipeline.

The 16GB version of the iPad costs $499 in the US while the 32GB can be had for $599; Apple could potentially counteract RIM's move with a cheaper Apple iPad 2 with only 8GB onboard storage.

The Playbook won't come with 3G for at least the next 12 months which means that you will have to rely on Wi-Fi or a mobile hotspot instead for internet access. An analyst at CCS insight suggested back in September than the device could be sold for up to $350.

The Blackberry Playbook will come with a 7-inch capacitive touchscreen with a 1024x600 pixels, Wi-Fi, a Marvell Sheeva ARMv7 processor clocked at 1.2GHz, 1GB RAM, a 5-megapixel rear camera, a 3-megapixel front one, microHDMI, microUSB and sports Blackberry's Tablet OS which is based on QNX.