The BlackBerry PlayBook is hitting fire sale status just in time for the holidays, with a $300 price cut across the board and additional discounts for RIM employees. With Best Buy already having trouble filling orders, the big question is what's to come of the price — and the device itself — in the new year.
Bloomberg Businessweek profiled RIM and the BlackBerry Playbook just days after the company announced a $485m loss on the poorly-received tablet.
RIM has just come out with a sobering statement ahead of its December 15th earnings report to tell the world that it'll be "recording a pre-tax provision" of $485 million in relation to unsold inventory of its BlackBerry PlayBook tablet. In simpler terms, that means the company is writing nearly half a billion dollars off the value of its inventory, simply because it doesn't believe it can recoup it in sales.
Best Buy has confirmed that it is out of stock on the BlackBerry PlayBook following a sale of the tablet at a deep discount. Though more stock is arriving, it's not clear when.
RIM has slashed Playbook prices to $99 for employees only
Shoppers that took advantage of Best Buy's Black Friday sale on the BlackBerry PlayBook are now complaining that the big box retailer has canceled their orders outright.
A $199 BlackBerry PlayBook can indeed be yours this holiday season. Research in Motion made it official today via Twitter, although it didn't provide any more details beyond "select US and Canadian retailers."
The PlayBook will be discounted to $199 at Staples on Black Friday, while its price is dropping in Canada through December 1st.