Apple has launched iPad. Details still coming in, but Steve Jobs has demonstrated it doing things on the Web, playing music, displaying pictures, displaying pictures while playing music, and doing other cool things on the web.
Weighing 1.5 pounds and half an inch thick, the iPad is based on Apple's own custom A4 processor running at 1GHz. There are options for 16, 32, or 64GB of flash storage, and it has 802.11n Wi-Fi, and Bluetooth 2.1 + EDR. Battery life is quoted at 10 hours, and like the iPhone it has accelerometer, compass, speaker, mic, and a dock connector.
Fully compatible with iPhone applications, which it runs either in native resolution or with each pixel doubled in size, the launch of the iPad also sees a new SDK with support for the full resolution of the device.