CNBC’s Jim Goldman says much the same. He tells Fast Money, I'm hearing the same rumors, talking to some of the same people.
However don’t get out your wallet quite yet.
Goldman adds, I'm (also) hearing that the device isn't quite ready for prime time, I'm told not to be surprised if this device doesn't make it out of the workshop before year end.
But don’t let that fact drag you down. Piper Jaffray estimates the Mac tablet could generate over $1 billion in revenue for Apple next year.
No specs, no release date, no design, no price and it's already $1 billion!, writes Goldman in his blog. Such is the power of Apple's mystique; such is the power of the Steve Jobs track record and legacy. I think the tablet is still a 50/50 proposition. But so is the rain. It either will or won't. We'll see.
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Trader disclosure: On Aug. 25th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Terranova Owns (AMZN), (MSFT); Terranova Owns (CCL) Puts; Terranova Is Short (SHLD), (EES); Adami Owns (AGU), (C), (GS), (INTC), (BTU), (MSFT), (NUE); Cortes Owns (SPX), (GS); Cortes Is Short Nasdaq 100; Najarian Owns (BAC); Najarian Owns (BUCY) & Short (BUCY) Calls; Najarian Owns (C) Calls; Najarian Owns (FCX), Is Short (FCX) Calls, Owns (FCX) Puts; Najarian Owns (INTC) Calls; Najarian Owns (JPM) & Short (JPM) Calls; Najarian Owns (MS) And Is Short (MS) Calls; Najarian Owns (MSFT) And Is Short (MSFT) Calls; Najarian Owns (PALM) Call Spread; Najarian Owns (TEVA); Najarian Owns (V) & Short (V) Calls; Najarian Owns (YHOO) Call Spread; Najarian Owns (XHB) Call Spread