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Re:HP's $99 TouchPad Fire Sale Can Teach Everybody A Lesson by reemrevnivek on Monday August 22, 2011 @12:24PM (#2912968)
You're right: According to iSuppli, the BOM for the hardware was about $300.

http://www.isuppli.com/Teardowns/News/Pages/HP-TouchPad-Carr...

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