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But those rumors are nothing new.
Last December, it was rumored that Apple was looking to launch a larger-screen iPhone or iPod touch sometime in 2009. In that instance, Apple was said to have developed prototypes that were eerily similar to tablets. Apple was also said to be in production talks with Asian OEMs regarding mass production.
At the time, Apple was said to be readying tablet-like touch-screen devices with 7-inch to 9-inch screens, larger than the 3-plus inch screen of Apple's iPhone and iPod touch.
And even before word of a hulking iPhone trickled through the industry, reports surfaced that Apple had applied for some tablet-like patents. Last August, AppleInsider.com described a 52-page document with illustrations that included such features as a touch-screen keyboard and more.
In the latest round of "What's Apple up to?" Piper Jaffray analyst Gene Munster wrote a note to clients highlighting recent investments Apple has made and concluded that the company is funneling cash toward a tablet.
"Between indications from our component contacts in Asia, recent patents relating to multi-touch sensitivity for more complex computing devices, comments from [COO] Tim Cook on the April 22 conference call and Apple's acquisition of P.A. Semi along with other recent chip-related hires, it is increasingly clear that Apple is investing more in its mobile computing franchise," AppleInsider.com reported from Munster's note.
Munster wrote that an Apple tablet could hit the market as soon as next year and run between $500 and $700.
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