Google CEO Eric Schmidt reportedly divulged some details about
the device to friends at a recent party in Los Angeles, while people with knowledge of
the project told The Times that "the company has been experimenting in
‘stealth mode’ with a few publishers to explore delivery of books, magazines
and other content on a tablet."
The company is also reportedly considering
an apps marketplace for tablet PCs.
The Times report notes that Nokia (NYSE: NOK) also plans
to release a multifunctional e-book reader device, while Microsoft (NASD: MSFT) "is
flirting with the idea" of releasing a slate. HP is expected to release
its tablet PC by midyear.