Verizon iPhone Unleashed

HP Touchpad

The New York Times Nick Bilton says it has one other advantage over Apple's Tablet.

"One of the major reasons that I think people will actually opt for this device over the iPad is the fact that it runs Flash," Bilton said. "For people that teach in schools, for example, there's a lot of applications that are Flash-based that they can't use on an iPad which they'll be able to use on the HP device."

HP says the TouchPad will be available this summer, but did not give a price.