Apple iReader?

Over  the past week or so, The Financial Times  and the Wall Street Journal, among others, have posted stories regarding a major product announcement planned for January from Apple. 

Reliable sources expect this to be the long awaited “tablet” which would likely be 7-10 inches, and priced between $500-700, giving it competitiveness in the netbook market without actually being a netbook.

Rumor is that the device may be 3G wireless integrated, sold through cell phone carriers, and may include e-book software for books that could be sold through the iTunes Store.