It was only a matter of time before Apple announced / released this:
Apple is expected to launch its highly-anticipated touchscreen Tablet by early 2010 and new information suggests the gadget could revolutionize print publishing by bringing book, newspaper, and magazine content onto the high-tech reader.
If Apple succeeds, the Tablet could essentially function as an iPod for text: a “print player” that displays textbooks, magazines, newspapers, and more (and which would pose a significant competitive threat to Amazon).
Apple has been negotiating with major print media companies to acquire content for the new device, Gizmodo reports, including the New York Times, McGraw Hill, and Oberlin Press. In addition, Apple seems to be working to beef up print content on its iTunes store.