Google tablet set to limbo in at low $199 entry point

Google will launch a $199 tablet this week at its developers conference co-branded with Asus, Bloomberg is reporting.

This follows a series of reports that have been trickling out for months about a 7-inch Nexus tablet being developed with Asus. The tablet is slated to debut at the Google I/O conference that starts Wednesday.

The one feature garnering the most attention is price. A $199, the Google tablet is $200 less than Apple's $399 iPad 2.

Previous reports have claimed the Nexus device will sport the Android 4.1 "Jelly Bean" operating system, a quad-core Nvidia Tegra 3 processor, 1GB of memory, and IPS (in-plane-switching) screen -- which boasts wide viewing angles.

The $399 iPad 2, by comparison, comes with a dual-core A5 and 512MB of RAM.

The Go... [Read more]