McGraw-Hill’s CEO Terry McGraw confirmed (or spilled the beans) some details on Apple’s upcoming Apple iPad computer.

In an interview with CNBC, McGraw says that the Apple Tablet is very exciting, will run iPhone OS and that it will be great for textbooks:

“Yes, they’ll make their announcement tomorrow on this one. We have worked with Apple for quite a while. And the Tablet is going to be based on the iPhone operating system and so it will be transferable. So what you are going to be able to do now — we have a consortium of e-books. And we have 95% of all our materials that are in e-book format on that one. So now with the tablet you’re going to open up the higher education market, the professional market. The tablet is going to be just really terrific.”

Skip ahead to about 2:45 to get to his discussion of the Apple Tablet.

If the Apple Tablet is a “terrific” textbook reader – let’s hope that it’s also a terrific platform for independent developers to publish content to. We should know tomorrow.

via MacRumors