So everybody has been speculating about Apple producing a cellular phone, a widescreen iPod, and various other bits of technology. But, as Valleywag has stated, there's probably something even bigger coming up.
I bet it has something to do with the 32GB NAND Flash chip that SanDisk announced a few days ago...
Geekzone: SanDisk Launches 32 Gigabyte Solid State Drive
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