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Apple Insider reports that just over a month after the HP TouchPad hit the market, its price has been cut by one-fifth for a special weekend sale intended to boost sales of the iPad-competing tablet.



Starting Friday and through the weekend, HP is selling its TouchPad for $399.99 for the 16GB model, and $499.99 for the 32GB capacity. The prices, available through HP and at all major retailers, are with a $100 instant rebate.

The PC maker has not shed any light on sales of its tablet, but the discount, which undercuts Apple's iPad by $100, comes soon after the July 1 launch of the hardware, suggested it has gotten off to a slow start.
  HP slashes iPad-competing TouchPad price to $399 1 month after release