With the Apple iPad 2 priced starting at around $500, other tablet manufacturers are beginning to slash their tablets in order to compete. The Samsung Galaxy Tab 10.1 runs on the Android platform and connects to the Internet via WiFi. With 16GB of storage space, the Galaxy Tab, the $499 price tag has been very attractive to consumers. Now, Motorola has begun to drop the prices of its tablets so that technology fans are able to make their selections based on features versus expense.

While the iPad 2 is still selling in record numbers, it is clear that Android based tablets are in high demand. The Toshiba Android 3.1 starts at $429, which makes it the cheapest tablet on the market today. It comes with significantly less storage space, but it is great for consumers that aren’t necessarily after a tablet that comes with all the bells and whistles. The 16GB model is only $50 more, which makes the Toshiba Android 3.1 tablet steep competition for the iPad 2.

Acer is also trying to get into the tablet marketplace with its Iconia 10 inch tablet. Coming with the same standard features that you will find on the iPad 2 such as wireless web capabilities, multiple storage slots and a touchscreen, the Acer Iconia sells at about $450. Shoppers might still look at the iPad 2 first because it is the most popular tablet currently on the market, but they might be more inclined to consider the devices made by other manufacturers now that prices are lower.