One of our close Apple connects who hasn’t steered us wrong dropped a little bit of information on us. Here’s what we know:

The tablet’s multi-touch gestures are “out of control.”

It’s powered by an incredibly fast ARM CPU

It runs on the iPhone kernel.

The internal model number is K48AP.

There hasn’t been an updated iPhone OS build because there’s too much tablet-related code/references in the OS and Apple obviously didn’t want that to leak. Oops.

The tablet is basically an “iPhone on steroids.”

That’s all we’ve got for now!