McGraw-Hill CEO Confirms Apple Tablet

From PC World: Just hours before Apple's expected announcement, the chief executive of a major U.S. book publisher confirmed that the company will unveil a tablet tomorrow and that the device will run a version of the iPhone OS.

But after top McGraw-Hill exec Terry McGraw spilled the secret on the cable news network CNBC, a company spokesman downplayed his boss' comments, saying that the publishing firm was "eager as anyone" to see the actual device.

On CNBC's Earnings Central ( see YouTube video ), McGraw was asked about Apple and McGraw-Hill textbooks. "Yes, they'll make their announcement tomorrow on this one," said McGraw. "We have worked with Apple for quite a while. And the tablet is going to be based on the iPhone operating system."

Other sources have pointed to an iPhone-like OS for the tablet. Yesterday, experts at the mobile analytics company Flurry said their data showed as many as 50 tablets running iPhone OS 3.2 on Apple's Cupertino, Calif. campus.

McGraw also said that 95% of McGraw-Hill's textbooks are in e-book format, and so will be available on the new tablet. "We have a consortium of e-books...and we have 95% of all our materials that are in e-book format on that one. So now with the tablet you're going to open up the higher education market, the professional market. The tablet is going to be just really terrific," he said.

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