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Soon the announcement that geeks fanboys CJ people have been waiting for will be made at Apple's press conference in San Francisco.

What's the big announcement? All the rumors and leaks that have been floating around for a while lead to speculation of the unveiling of Apple's latest product, a tablet computer.

Even though the official unveiling is not until noon (Central time), details of the Apple tablet have been leaked online.

McGraw-Hill CEO Terry McGraw appeared to reveal some details of the tablet's inner workings, the subject of much industry speculation and gossip in recent weeks.

"We have worked with Apple for quite awhile—the tablet is going to be based on the iPhone operating system," said McGraw.

McGraw said that's significant because it means the tablet will be compatible with content and apps that McGraw-Hill and other publishers have already created for the iPhone.

"We have 95 percent of all our materials that are in e-book format on that one," said McGraw. [Source: InformationWeek.com]

Sites live blogging the event today:

New York Times: Bits Blog

Gizmodo.com

Engadget.com

CrunchGear.com

Houston Chronicle - Dwight Silverman's Tech Blog (Also with photos and streaming video)

Wired.com

Cnet.com blog: Circuit Breaker

MacWorld.com