Apple And Verizon Talking "iPhone Lite" And Apple Tablet?

According to BusinessWeek , Apple and Verizon are talking about more than just an LTE iPhone for 2010 . The companies are discussing launching two devices, including one that might hit as early as this summer. "One device is a smaller, less expensive calling device described by a person who has seen it as an 'iPhone lite.' The other is a media pad that would let users listen to music, view photos, and watch high-definition videos, the person says. It would place calls over aWi-Fi connection. One of these devices may be introduced as early as this summer, one person says."  I'm not sure how the "iPhone Lite" product fits in with AT&T's exclusivity deal, but the "media pad" sounds a lot like the Apple tablet that has been rumored since last year. If anything, it makes more sense for the tablet to launch this year, just so that it doesn't infringe on AT&T's rights. Furthermore, it looks like the companies are having substantive talks and ... (link)