Apple Tablet Ready by Xmas, Served with Multimedia 'Cocktail,' Says Report

From PC World: Apple is racing to launch a tablet-sized device in time for the Christmas shopping season, according to a report from the Financial Times (FT). Featuring a 10-inch touch screen display, Apple's tablet is also said to launch alongside "Cocktail," a project designed to increase sales of CD-length music.

The Apple tablet, rumored for more than a year now, has finally gained some credibility with FT's report today. The publication also quotes "executives familiar with the plans" saying that Apple could be planning a simultaneous launch of the tablet with a new service that is "all about re-creating the heyday of the album when you would sit around with your friends looking at the artwork, while you listened to the music."

FT is scarce on details about Apple's upcoming tablet device. The report describes device as a "full-featured, tablet-sized computer" which will be out just in time for the Christmas shopping season. The tablet's screen is reported to be up to 10 inches in diagonal but it won't have phone capabilities like the iPhone.

The FT says the Apple tablet will have Wi-Fi, allowing it to access to Apple's online stores. Besides Amazon Kindle-like capabilities, the Apple tablet is reported to be great for watching movies, according to an entertainment executive quoted by the FT. No word on pricing, but previous speculation points to an $800 price point.

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