Very little actual information here - no sourcing, no specs, nothing. Is this all conjecture, or is any of this legit rumor?
Everybody loves the Microsoft Surface, so it does make sense. Using the ARM like the Chromebook might turn the price down, so it might be at the 1000 USD range (with the 3x apple price tag applied to the Chromebook). The water resistant feature will be used to justify that price. The keyboard will be suboptimal.