There’s a lot of speculation going around, but all signs point to the reality of an Apple Tablet being released, possibly in time for Christmas. This is essentially a large format ipod touch with wireless internet access. This idea is largely considered to be apples next huge sea changing idea and for good reason.

Building on the tremendous success of iphone applications, a tablet would provide a larger format app developers to work with. This could be used to display anything from a browser, keyboard, photo gallery, to a video screen that could display HD video.

We’re guessing this would probably be about as big as a small- medium sized laptop, maybe 13-15 inches. Apple is speculated to release this for about $800 subsidized by a multi year internet access contract, rumored to be partnered with Verizon.

Thanks to PC World, Mashable, and TBI.