Reputable Spanish publication Clipset has the first concrete report on pricing and internal specs for HP's Slate. Seemingly obtained from HP itself, the €400 ($546) price tag positions the Slate a notch above netbooks and bodes well for the expectation that it'll undercut the iPad's entry level pricing. Straight currency conversations are inadvisable in such situations, so we'll just have to wait until official stickers for the iPad in Europe are known or HP announces US prices for the Slate. Further info includes an Atom CPU, Flash support, USB connectivity, a memory card reader, and a back-mounted webcam (see it after the break). The launch of this Windows 7 device is slated for June, while retail availability in Europe is said to be expected at some point "before September." It's not clear what all that means for the US, but we doubt HP will be making its home turf wait longer than the rest of the world. Rest assured, we'll be reaching out to HP HQ before they've had their first cup of green tea to find out.

Update: HP's response to our queries has been typically tight-lipped. The company refused to discuss Clipset's specs and pricing, which would suggest that -- even though they may be spot on -- they are not yet official.

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HP Slate priced at €400 for June launch, Atom CPU confirmed?