Google reportedly is in the midst of developing its own tablet computer and aims to launch its iPad killer on the busiest shopping day of the year -- Black Friday -- according to a report at the website Download Squad.
Google (GOOG) is turning to its previous partners to create the new device, with handset maker HTC (HTCXF) dishing up the hardware and Android-phone carrier Verizon (VZ) providing the network connection, according to the report. But Google will be using its Chrome OS -- not Android -- as the operating system for the device.
The report notes that Google's tablet is expected to be heavily subsidized, a move that could pose a serious problem for Apple's (AAPL) high-flying iPad with its $499 price tag. If Apple should begin to feel the pain of competition, consumers may stand to benefit with an iPad price drop following the Nov. 26 Chrome tablet launch.
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