Tuesday, January 26, 2010, 03:20 pm PT (06:20 pm ET)
McGraw-Hill CEO spills details on iPhone OS-based Apple tabletAppearing on financial network CNBC Tuesday afternoon, the CEO of publisher McGraw-Hill confirmed that Apple will announce its tablet Wednesday, and that the device will run the iPhone mobile operating system.
In an interview with Erin Burnett on the program "Street Signs," Terry McGraw was asked about Apple's forthcoming tablet, expected to be announced at an event Wednesday. Burnett asked if textbooks would be available on the unannounced device, and McGraw said yes.
"Very exciting," he said. "You know, they will make their announcement tomorrow on this one. We have worked with Apple for quite awhile, and the tablet is going to be based on the iPhone operating system, and so it will be transferable.
"So what you're going to be able to do now — we have a consortium of e-books, you know, and we have 95 percent of all of our materials that are in e-book formats on that one. So now, with the tablet, you're going to open up the higher education market, the professional market. The tablet is going to be just really terrific."
McGraw's confirmation of the tablet reaffirms rumors that have persisted for months that the company was in negotiations with Apple to provide comment on the tablet. Last week, one report alleged that McGraw-Hll officials were discussing how their software developers and Apple's could collaborate to create dynamic e-books. It was said those negotiations were just as focused on marketing as they are on software development.
McGraw's full interview is embedded below:
On Topic: Future Hardware
- Apple's 2014 iPads to sport Touch ID & TSMC-built A8 CPU, 12.9" iPad unlikely till 2015
- Apple 'likely' to launch low-cost iMac soon, Retina MacBook Air still on track for 2014 debut
- Apple to sell two sizes of iWatch with flexible AMOLED displays this fall, prices to reach 'thousands of dollars'
- Rumor: Apple takes delivery of iWatch circuit boards ahead of September debut
- Rumor: Quanta to build 65M Apple "iWatch" units in first year, Q3 2014 release expected