McGraw-Hill CEO Outs iTablet Before Apple! Runs iPhone OS!

McGraw-Hill's CEO has outed the iTablet before Apple's "Come see our latest creation" event, scheduled for tomorrow, revealed it runs the iPhone OS, and undoubtedly has just earned himself a "bag of hurt" at the hands of one Steve Jobs. At 2:50 seconds in, Terry McGraw tells CNBC:

"Yeah, Very exciting. Yes, they'll make their announcement tomorrow on this one. We have worked with Apple for quite a while. And the Tablet is going to be based on the iPhone operating system and so it will be transferable. So what you are going to be able to do now -- we have a consortium of e-books. And we have 95% of all our materials that are in e-book format 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."

Yeah. Oops! (But at least we appreciate the news!)

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.