Apple (AAPL) Wants to Educate You...On Its New Tablet (MHP)

Rumors on the Street today have Apple (NASDAQ: AAPL) in talks with McGraw-Hill (NYSE: MHP) and Hachette Book Group to bring educational materials to its new tablet device. Teens around the world simultaneously let out a collective "sigh." Apple shares are trading down 0.42% to $207.19 in early market action. McGraw-Hill is down 0.36% to $33.22.

The Tablet device (Applet?) will most likely be introduced next week, January 27, at a conference held by Apple in California.

Both McGraw-Hill and Hachette spokes-folks declined to comment on the rumors.

McGraw-Hill is one of the largest publishers of educational textbooks and materials in the world. Hachette, which is owned by Hachette Livre, is the second largest publisher in the world.

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