It’s official! The Apple Tablet is here – It’s called the iPad.

Apple Computer has launched their biggest new product since the iPhone and it’s the Apple Tablet according to all kinds of media hype.

They sold our 250 millionth iPod
Last quarter they had 250 million visitors to their stores
App store: over 140,000 applications on the app store
Ended their holiday quarter $15 billion dollars in revenue

Apple is the #1 mobile device company. Apple is bigger than Sony mobile devices and even bigger than Nokia. Everyone uses a laptop and smartphone now. Is there room for another category device?

Introducing the iPad – Apple’s new creation. It’s very thin and you can change the background screens. It’s the best way to browse the web according to Steve Jobs. It’s an incredible experience he says.

Update: Here’s Leo’s live stream of the event. –mrh

Live Video streaming by Ustream

Update II: Mark has put together a “factsheet” of the specs and what we know so far coming out of the event.  See the full list as it evolves here.

– Apple sold our 250 millionth iPod last quarter.
– Last quarter alone they had 250 million visitors to their stores.
– App store: over 140,000 applications on the app store.
– Ended their holiday quarter $15 billion dollars in revenue.
– Apple also now has more than 140,000 applications available on its App Store. Up from the 100,000 revealed by the company in late 2009.
– Specs: 0.5 inches thin. 1.5 pounds.
– Thinner and lighter than any existing netbook.
– 9.7 inch IPS display.
– Full capacitive multitouch.
– Powered by Apple’s own custom silicon A4 chip processor (not the Intel chipset previously rumored).
– Does not support Adobe Flash.
– There’s a 30-pin Dock connector.
– Speaker, Mic, Bluetooth and 802.11 Wifi.