Exclusive: Price Of HP iPad 2 Rival Drops To £370

We didn't have to wait long for a UK-based retailer to drop the price of the HP Touchpad tablet; Dabs is selling the tablet for £370 through its online Ebay outlet, nearly eight per cent less than its official selling price of £399.

The version on offer is the 16GB model and comes with a full one year warranty and free delivery. HP and its retail partners have cut the price of the Touchpad in the US by $50 on both the 16GB and the 32GB models to $349 and $449 respectively.

The Touchpad, which was announced earlier this year, comes with a dual core Qualcomm Snapdragon SoC clocked at 1.2GHz, making it the only tablet on the market to come with a dual core product from Qualcomm (most have chosen the Nvidia Tegra 2).

It is also, with the iPad 2, the only tablet to have offered an XGA resolution with a 4:3 screen ratio and a 9.7-inch IPS display.

Other goodies include wireless charging via Touchstone, wireless printing for all HP PCL-compatible printers over LAN, Beats Audio compatibility as well as a 1.3-megapixel front facing camera, Wi-Fi and Bluetooth.

A 3G version is expected to come later and the bigger picture, according to HP, will include smartphones (like the Pre) as well as desktops and even printers.