Apple unveils $499 tablet with AT&T data plans - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Apple unveils $499 tablet with AT&T data plans

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Apple CEO Steve Jobs shows off the new iPad during an Apple event in San Francisco, Wednesday, Jan. 27, 2010. (AP Photo/Paul Sakuma) Apple CEO Steve Jobs shows off the new iPad during an Apple event in San Francisco, Wednesday, Jan. 27, 2010. (AP Photo/Paul Sakuma)

SAN FRANCISCO (AP) — Apple will sell its newly unveiled tablet-style iPad starting at $499.

The iPad resembles an iPhone, but larger. Apple will sell some iPad models with data plans from AT&T, with no contract required.

Apple Inc. will have to convince consumers, many of whom already have Internet-connected phones, computers and TVs, that they'll want to pay that much for such a device, when many small, lightweight "netbooks" cost less than $400.

CEO Steve Jobs says the iPad will be better for reading books, playing games and watching video than either a laptop or a smart phone.

The initial price is likely to drop. Apple sold the first iPhone for $599 but slashed the price to $399 after a few months, upsetting early buyers.

Copyright 2010 The Associated Press.

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