March 23, 2011
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Yesterday, Research In Motion (Nasdaq: RIMM ) announced its PlayBook tablet would begin selling on April 19 in three initial versions: $499 for a 16-gigabyte version, $599 for the 32-gig version, and $699 for the 64-gig version. The pricing scheme is the same as the one Apple (Nasdaq: AAPL ) introduced with the first iPad.
All three PlayBook models are Wi-Fi only without a BlackBerry but may be tethered to the smartphone for 3G service. Each of the major wireless carriers will offer the tablet, and Best Buy (NYSE: BBY ) is already accepting pre-orders.
Share of RIM rallied slightly in yesterday's down market as investors bet the PlayBook could enjoy success luring business users away from the iPad, Motorola Mobility's (NYSE: MMI ) Xoom, and Samsung's similarly sized Galaxy tablet.
Will you run with these bulls, or is the bear in you growling at this news? Please vote in the poll below and then leave a comment to explain your thinking. You can also rate Research In Motion in Motley Fool CAPS and keep tabs on the company by adding the stock to Your Watchlist for free, personalized stock tracking.
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