Libretto W100–Toshiba's Answer to the iPad?

Since Apple (AAPL) launched its iPad, more and more competitors are moving to launch similar devices to compete. The latest company to join the bandwagon is Japan’s Toshiba.

The maker of everything from nuclear reactors to consumer electronics on Monday said it will release worldwide a mini touch-screen notebook PC called Libretto W100 that doubles as an electronic book reader. But the device is expected to carry a hefty price tag of more than $1,504, compared with the cheapest iPad model which is sold for $535 in Japan.

A Toshiba spokeswoman says the device isn’t meant to be a direct competitor to the iPad. “It’s a PC and we think it belongs to a different category from the iPad.” It would, for example, appeal to business professionals looking for a powerful mobile version of their office PCs, the company says.

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