Apple to Release Tablet for $500-$700?

There's mounting evidence to suggest Applewill introduce its own tablet-based device that will sell for $700 or less, according to researchers for Piper Jaffray and relayed by AppleInsider.

"Between indications from our component contacts in Asia, recent patents relating to multi-touch sensitivity for more complex computing devices, comments from [chief operating officer] Tim Cook on the April 22nd conference call, and Apple's acquisition of P.A. Semi along with other recent chip-related hires, it is increasingly clear that Apple is investing more in its mobile computing franchise," analyst Gene Munster and his team wrote.

More specifically, the analyst said these investments will likely culminate with the launch of a touch-screen tablet with a display somewhere between 7- and 10-inches at a special event sometime in the first half of 2010.


The analyst believes the device will retail between $500 and $700 bridging the gap between the $399 iPod touch and the $999 MacBook.

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