He could just as easily be holding a giant bag of money.

By Staff Reports

It exists!

The much rumored and uber mysterious new Apple tablet has been revealed today by Apple CEO Steve Jobs - it’s name? The iPad … Sounds new fangled.

The iPad will allow savvy consumers to watch videos, surf the Web, play video games and read e-books with ease.

Only time will tell if Apple can make the case for the iPad’s existance - in the meantime, we’ll just have to wait for more information to come flowing in. To keep up to date on the latest on all Apple related news, check out the Apple Focus blog, which is not so coincidentally written by FEED head-correspondent Jaymie Baxley.