06/09/2011 09:36 am ET | Updated Aug 09, 2011

HP TouchPad Release Date, Price Announced

The release date and pricetag for the HP TouchPad tablet has officially been announced.

The HP TouchPad will be available for pre-order starting June 19 and will go on sale July 1 for $499 (16 GB version) and $599 (32GB). By comparison, the iPad also costs $499 for a 16 GB version and $599 for a 32 GB vesion.

The TouchPad is the first tablet from HP running webOS, the operating system developed by Palm, which HP purchased for $1.8 billion last year. The AP explains, "Hewlett-Packard Co. has previously made tablets based on Windows, but webOS is a cellphone operating system, making the TouchPad more like the iPad than a PC."

The HP TouchPad will be available "in the United Kingdom, Ireland, France and Germany a few days later and in Canada in mid-July, with availability scheduled to follow later this year in Italy and Spain, as well as in Australia, Hong Kong, New Zealand and Singapore," according to a press release.

See photos of the TouchPad on HuffPostTech here.