Although they admit they’ve had a long history of Apple Tablet predictions (or "setbacks"), AI is now going with Gene Munster’s earlier prediction that Apple’s tablet will be released at the begining of next year…or perhaps later.  Said tablet will have an Apple/PA Semi ARM chip and look like this (note the watermark to denote that it wasn’t lifted from a design school):

This rendition (both the story and the image) is the latest version of their tablet series which extends back to 2004 and has had 61 iterations.