Research in Motion Ltd. has plans to introduce a tablet in November to compete with Apple’s increasingly popular iPad tablet, according to Bloomberg’s sources. The device, which is going to be called “Blackpad”, will cost around the same as the iPad, starting at $499.At around the same dimensions as Apple’s tablet, the Blackpad will include Wi-Fi and Bluetooth that will allow you to connect to your BlackBerry’s Internet.

“They can’t wait for a second generation of devices from Apple or they’ll fall too far behind,” Ashok Kumar, an analyst at Rodman & Renshaw Inc., told Bloomberg.
Several other companies, like Microsoft for example, have also been rushing to come out with their tablet to rival the iPad.
“With the success of the iPad, RIM faces an uphill battle,” said Robert W. Baird & Co. analyst William Power, who has “a ‘neutral’ rating on RIM’s stock”. “RIM really has yet to demonstrate that it can roll out touchscreen technology to match the leaders in the space, most noticeably Apple.”
RIM is also betting that its tablet will become the favorite for its e-mail capabilities and for the corporate love that it’s BlackBerry smart-phone receives.










