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I'm sure he said 'the tabloid is going to be really terrific' at the end - misspoken, or is that the name of the tablet?

I was thinking it would be called MacXXXX or something starting with Mac. But MacTablet, sounds too much like a McDonald's product.

I hope not - in the UK, tabloid carries the connotation "sensationalist journalism" (i.e. it's a bit of an insult to newspapers).