Samsung ready to slash prices on the Galaxy Tab 10.1

It looks like Samsung will go ahead with the rumored price drop for their Galaxy Tab 10.1 in anticipation of the release of the iPad 2 at only $499. The announcement also leaked that the ten inch Tab would be launched in Australia early next month, but didn’t reveal the exact date.

Samsung has quite a dilemma on their hands to decide exactly what the price should be. During the Galaxy Tab 10.1 launch in Barcelona, Spain back in February 13th, their statements suggest that its price would be higher than the 7 inch tablet. This seemed reasonable since the Galaxy Tab 10.1 is better in many ways compared to the first generation 7 inch tablet. The first Galaxy Tab operates on Android 2.2 (Froyo), 1024 x 600 resolution, 190.09mm x 120.45mm x 11.98mm dimensions, 3MP rear camera, 1.3MP front camera and 4,000 mAh battery capacity, while the Galaxy Tab 10.1 operates on Android 3.0 (Honeycomb), 1280 x 800 resolution, 246.2mm x 170.4mm x 10.9mm dimensions, 8MP rear camera, 2MP front camera, 6860 mAH battery capacity. But with iPad 2’s announcement that their price range will remain the same as their first tablet, Samsung needs to reconsider their pricing strategy.

Whatever the Galaxy Tab price will be, it’s sure to make Samsung customers happy. Who wouldn’t want a few extra bucks to spend on cool Galaxy Tab accessories? What’s your guess on the price? We want to hear it, please comment below.