McGraw-Hill CEO Confirms That Apple Tablet Exists, Runs A Version of the iPhone OS

Terry McGraw, CEO of McGraw-Hill, you seem like a genial man. It’s a shame Steve Jobs has to kill you now.

This afternoon, on the eve of the press event during which Apple will presumably announce its long-awaited tablet, McGraw confirmed in an interview with CNBC that the Apple tablet exists, that McGraw-Hill has been working with Apple for “quite a while,” and that the tablet will run a version of the iPhone OS.  We’ve already heard that the tablet will be an “iPhone on steroids,” but this is the most official thing we’ve heard so far.

McGraw also said that 95 percent of his company’s content would be compatible with the device, and concluded that the device is “terrific.”

After the jump, find McGraw’s full statement about the tablet.

“Yeah, Very exciting. 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 is 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.”

Apple’s press event will begin tomorrow at 10 am Pacific Time. Our Editor-in-Chief Mark Spoonauer will be there covering the event. Stay tuned for live coverage.