BlackBerry PlayBook will get an under $500 price

BlackBerry PlayBook will get an under $500 price tag - Phone Arena: BlackBerry's 'professional tablet', the PlayBook, will get a price tag of under $500 at its launch in Q1 of 2011.

The 7-inch tablet at that price would undersell the $599 3G Galaxy Tab by Samsung.

BlackBerry is aiming to release the tablet in the first quarter of 2011 in North America through retail stores like Target and Best Buy on one hand and service providers on the other. Globally, the PlayBook will be made available in Q2 of 2011.