All the speculation was right. In a much anticipated presentation this morning, Steve Jobs officially showcased his newest gem- the iPad, a tablet device that looks like a giant iPod in all honesty. However, Jobs listed quite a few exciting features including: a Kindle-like reading app, a great art program, very smooth video playback, and best part of all, it’s under a grand. Starting at $499, Apple hopes to “put this in the hands of a lot of people.”

The iPad, as with all Apple devices, looks pretty awesome. However, is anyone else just a little turned off by the name?

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