Price Of HP iPad 2 Rival Tablet Cut Again

Tech giant HP has had to reduce the price of its Touchpad tablet again after we reported that the company was offering a $50 rebate when purchasing the device directly from its website.

Now Monica & Steve Shen from Taiwan-based news outlet Digitimes write that HP will lower the price of its 16GB and 32GB Touchpad by another $50 to $399 and $499 to improve hitherto disappointing sales.

We have also seen some one-off price cuts courtesy of deals websites like Woot and Ebuyer which are offering the 16GB version of the tablet for as little as $380, far less than an equivalent iPad 2.

Other competitors have had to reduce the price of their tablets recently to get a fighting chance amidst the wave of rival tablets on the market.

Acer for example has cut the price of its 10-inch Iconia Tab A500 from $450 to $395 in the US and may go down further depending on sales figures.

Dell may also follow suit after releasing its 16GB Streak 10 Pro in China for $465. One of the reasons mentioned in the Digitimes report as to why non iPad tablets are falling in price is the relative homogeneity of that market.

Most iPad rivals use an Nvidia Tegra 2 CPU (nearly three quarters of the market) and most use the free Android 3.1 OS.

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