They set the date! On January 27, 2010 Apple will host an event at the Yerba Buena Center for the Arts Theater in San Francisco to likely show off their new product known as the Apple Tablet. The product is speculated to launch in March. Rumors have surfaced that the new product will eventually be called the Apple iSlate.

The specs and features of the product are unknown, but are likely to involve multi-touch capabilities, which is not a big surprise. The Wall Street Journal reported that the new device will have a 10 or 11-inch screen and will cost around $1,000.

Invitations were sent out to media outlets yesterday morning, requesting that they arrive at the event around 9AM Pacific Time to see Apple’s “latest creation.”

Comments are circulating the internet already. Some feel the iSlate name won’t stick, but who knows? iPhone seemed to work. Others are reporting on Twitter that the Apple Tablet will “sport a Webcam and offer 3G connectivity.”

As usual, rumors continue to surface and have yet to be confirmed, which makes it hard to wait until next Wednesday.