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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition RIM shares up as CEO says tablet to cost below 500 dollars AFP - Thursday, November 11 Send IM Story Print RIM shares up as CEO says tablet to cost below 500 dollars Slideshow: Full Photo Coverage: Internet Portals & Search Engines NEW YORK (AFP) - – Shares in Research In Motion surged on Wall Street on Wednesday after the chief executive of the company behind the BlackBerry said its upcoming tablet computer would cost below 500 dollars. RIM shares were up 7.53 percent at 59.14 dollars in afternoon trading. RIM co-chief executive Jim Balsillie said the Canadian firm's touchscreen tablet computer, the "PlayBook," will be introduced in North America in the first quarter of 2011 with a global launch in the second quarter of the year. "There's a lot of demand and we are seeing a lot of interest from international retailers," Balsillie told The Wall Street Journal on the sidelines of the Group of 20 summit in Seoul. RIM unveiled the Playbook in San Francisco in September as it seeks to compete with Apple's popular iPad and Samsung's recently launched Galaxy Tab. The PlayBook has a seven-inch (17.8-centimeter) display, smaller than the 9.7 inches of Apple's iPad, and plays Adobe Flash video software, which is banned from the Apple device. The cheapest iPad costs 499 dollars while the top model is priced at 829 dollars. Recommend Send IM Story Print Related Articles US-TECH Summary Reuters - 1 hour 25 minutes ago Indonesian minister all a-Twitter over Michelle Obama AFP - 2 hours 6 minutes ago Motorola Mobility sues Microsoft over patents Reuters - Thursday, November 11 LimeWire says "unauthorized" applications using its name Reuters - Thursday, November 11 Cisco outlook disappoints, shares plunge AFP - Thursday, November 11 News Search Top Stories EU ready to support Ireland: Barroso Obama panel urges deep spending cuts, tax reforms US clears joint air venture with United, Continental, ANA Boeing halts test flights of delay-plagued 787 Dreamliner US trade deficit eases but China tensions remain More Top Stories » Related Full Coverage Internet Portals & Search EnginesLatest development in the online world All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Microsoft sues Motorola over 'excessive' royalties EU fines 11 airlines 800 million euros for air cargo cartel Countdown to Christmas with million-dollar advent calendar Bilingualism delays onset of Alzheimer's: study No more than one year unemployment benefits: Nobel economist More Most Viewed » Alcohol more harmful than heroin, crack cocaine: study Toddler survives seven-floor fall in France Spectacular unknown species found in Amazon Be fit, have fewer colds: study More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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