Frankly, it could be both.
The Wall Street Journal earlier this month reported that the tablet would have 10- or 11-inch touchscreen, wireless access and would cost roughly $1,000. Of course, it could be something as mundane as adding video to the iPod Nano.
Either way, we’ll know for sure Jan 27, the date of Apple’s next media event. We’ll have full coverage on Technotainment. (The Journal, by the way, also predicted that date – lending even more credence to its other reports.)