iPad 2's 4G Rival, Samsung Galaxy Tab 10.1 LTE In Stores Today

Samsung and Verizon recently made a joint press release, announcing that the Samsung Galaxy Tab 10.1 LTE would arrive in Verizon stores on Thursday, July 28th.

The Verizon Wireless 4G LTE Samsung Galaxy 10.1 will be available in two models, Metallic Gray and Glossy White, and will be available at Verizon stores and online, with a $529.99 price tag. A 16Gb Wi-Fi only version will also be available at $499.99

In order to purchase one of the two models you would need monthly data plans at $30 per month for 2 GB, $50 a month for 5Gb or $80 for 10GB on a two-year deal with Verizon. Although the pricing had been announced in early June, until today Verizon hadn't revealed when the LTE tablet would be available.

The Samsung Galaxy 10.1 tablet promises download speeds of 5-12Mbps and upload speeds of 2-5Mbps, featuring a 10.1inch HD WXGA 1280x800p display, 2mp front facing and 3mp back camera, 1080p video playback capability, Honeycomb, Samsung Media Hub, and Google services including Android Market.

On Thursday, online sales of a 4G LTE-ready HP Pavilion Entertainment Laptop will also begin. The laptop runs Microsoft Windows 7 Home Premium operating system, has an 11.6-inch display and will cost $599.99.

The Galaxy Tab 10.1 is probably going to be one of Apple iPad tablet's main competitors and a potential threat to the current leader in the tablet market.