Hewlett-Packard designing competitor to iPad

A leaked internal memo shows a 32-GB "Slate" will cost $550 and a 64-MB model will cost $600. A 32-MB iPad sells for $600. The Slate will have a shorter battery life than the iPad. The article gives no details on the timing of the release, and notes that hardware concerns are probably secondary to software ones for tablet computers. Recall that there was also a report earlier that Research In Motion (RIMM) will launch a tablet later this year. Wired Magazine