It looks like those rumors of a 10 inch Apple tablet device are shaping up to be more than rumors.

Back in March we mentioned rumors of a 10″ iPod Touch, well as time has progressed the rumor just won’t die, although it is now more commonly referred to as the “Apple Tablet”.  Well with a new report from AppleInsider, who name their sources as “people well-respected by AppleInsider for their striking accuracy in Apple’s internal affairs”, it appears more and more likely that this device will soon be a reality.

Everything is pointing to a release in the first quarter of 2010, and the device will have some form of 3G connectivity for Internet access while on the go.  It is also rumored that Verizon will be the carrier for the device, but no one is confirming those claims.

The rumors began when word started to leak out that Apple was buying up large supplies of 10″ touchscreens, but as with all Apple products, you never know for sure what they are up to.  Word is that the product has been in development for four years and has been stopped and started by Steve Jobs, CEO of the company, several times as he was not happy with the various iterations of the product.

Suspicions are running high that we will see the announcement in September at the annual iPod press event, but that is speculation just like everything else.  The scary part is the rumored price of $800, but if it is truly 3G, you may see the cellular carrier of choice subsidize the cost with the usual 2 year contract situation.

Only time will tell how much of this proes to be true, but it sure is looking likely at this point.