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McGraw-Hill CEO blows Apple’s cover

To add to last-minute Apple Tablet fever, ebooknewser caught this clip on CNBC last night, when Terry McGraw, CEO of McGraw-Hill, revealed on-air that the Tablet will, in fact, be announced today, that McGraw-Hill has created e-books for the device, and that it will run on the iPhone operating system. From the clip:

They’ll make their announcement tomorrow on this one. We have worked with Apple for quite a while, and the Tablet is going to be based on the iPhone operating system, so it will be transferable. So what you’re going to be able to do now “ we have a consortium of e-books “ 95 per cent of our materials are in e-book format, so with the Tablet, it’s going to open up the higher education market, the professional market. The Tablet is going to be just really terrific.

For the full video, check it out on ebooknewser and fast forward to 2:50 in the clip.