Brad McCarty for The Next Web:
Our speculation is that Apple is going to introduce a mid-sized device that is specifically targeted at reading. Sure, it would still run iOS and you could use all of the iPod Touch apps on it (they’d likely even look better than they do on the iPad, due to lowered upscaling) but the main purpose of the device would be as a reader.
I hope he doesn’t seriously believe this, but I fear that he does. There would be no compelling reason to launch such a dedicated device that would cannibalize iPad sales. I doubt we see smaller screens in iPhones, iPod Touches, and iPads — why do people insist upon squinting?