RIM's BlackBerry PlayBook tablet will cost less than $500 (£310) when it goes on sale in North America in the first quarter of 2011, according to the company's co-chief executive Jim Balsillie.
The tablet will be "very competitively priced", Balsillie told Bloomberg.
RIM announced the 7in PlayBook at the end of September, stating that it had been designed specifically for enterprise users. With a competitive price, it could attract people who may have been thinking of getting an iPad.
The device sports a 1,024 x 600 WSVGA capacitive touch screen, and is powered by a 1GHz dual-core processor and 1GB of RAM.
The PlayBook will be able to connect via Wi-Fi and Bluetooth only at launch, but RIM said that it intends to "offer 3G and 4G models in the future".
The tablet runs BlackBerry Tablet OS, which is based on the QNX Neutrino real-time operating system. This supports the WebKit browser, HTML 5, Adobe Flash 10.1, Adobe Mobile AIR, Adobe Reader, POSIX, OpenGL and Java. MicroHDMI, microUSB and charging contacts are incorporated into the shell.
A 3-megapixel camera is located on the front of the device for video calling, and the PlayBook features a 5-megapixel on the rear camera. Both offer HD capabilities, and RIM said that the device supports 1080p HD playback.
With dimensions of 130 x 193 x 10mm, the Playbook is slightly larger than the Samsung Galaxy Tab, which measures 120mm x 190mm x 12mm.
RIM co-founder Mike Lazaridis said that the PlayBook uses a more open platform than the iPad, and promised developers a free PlayBook if they write an application that is accepted.
RIM could not confirm exact pricing for the tablet when contacted by V3.co.uk, but it is expected to begin shipping globally in the second quarter of 2011.
Some parts of Atacama have not received rainfall for 500 years - but a sudden deluge of water upset the Desert's delicate biological balance
Spitzer Space Telescope could not spot Oumuamua, suggesting that it is actually pretty small
Greenland crater one of the 25 largest impact craters on Earth
This long-sought progenitor star was identified in an image captured by Hubble in 2007