What is bigger than an iPod Touch and smaller than the Mac?

An Apple Tablet perhaps!

Rumors are rife that Apple may be on the verge of releasing an Apple Tablet soon, and it all started with a report by the Financial Times claiming that it has inside news that the Apple tablet is ready to be launched.

One set of rumors say that it will be released as early as September and the others say in early 2010.

It is speculated to be 3G enabled, have a 10-inch touch screen and high computing power, providing users the ability to even watch movies. It is said to be more like a large iPod rather than an iPhone, complete with the ability to download media through iTunes. It may also give users the ability to read books, rivaling the Amazon Kindle. Financial Times quoted as revealing that, “It’s a portable entertainment device. It’s going to be fabulous for watching movies.” It sounds like this device is going to be an iPod Touch with the processing power and memory of a netbook. Steve Jobs is said to be the brain behind this. If this is so, then the product is certainly going to be solid.

There have been no rumors on the carrier this 3G device will be on. Amidst all the assumptions, we can also assume that it would be AT&T. But Apple may also deal with someone else, as there had been problems with AT&T and Apple has been communicating with Verizon too. (more…)