Lots of Apple sites (such as AppleInsider) have picked up on this today, but who really knows how accurate it is?
Personally I think it would be great if they would breathe new life into the Newton. A PDA running OSX would be brilliant but only on one condition.
It must be open to third party applications!.
Without that it will be useless. If they can make that work it will be amazing and could really open up mobile music making to a whole new level.
I guess we’ll need to wait and see. Maybe something will come up at MacWorld?