According to the Financial Times, Apple is racing to launch the fabled Apple tablet in September, along with new iPods. They claim Apple is working with record labels and book publishers on new iTunes features created for the new device:
The talks come as Apple is separately racing to offer a portable, full-featured, tablet-sized computer in time for the Christmas shopping season, in what the entertainment industry hopes will be a new revolution. The device could be launched alongside the new content deals, including those aimed at stimulating sales of CD-length music, according to people briefed on the project.
The Financial Times’ sources point out that the device will have a 10-inch touchscreen and run iPhone OS. The tablet will be able to connect to the Internet using Wi-Fi like the iPod touch, and—according to publishers—it will also have a book marketplace. Yes, that’s Jeff Bezos’ worse nightmare.