Yesterday, my favorite rumor broke again. You know, the one about an Apple tablet device for mobile computing. Something along the lines of a netbook without a physical keyboard, perhaps like a super sized iPod touch. That sort of thought process might not be too far off if Venture Beat knows what they’re talking about. Their source says Apple is using their aquisition of PA Semi to design chips for the iPhone and this long rumored Apple Tablet.

Ever since Apple acquired PA Semi back in April, rumors have been flying about what Apple had in mind for its newly acquired engineers. For a long time, it has been speculated that Apple eventually planned to make its own iPod and iPhone chips. Well, according to recently revealed information, it seems as though that is, in fact, the case.

Back in April when Apple acquired PA Semiconductor for $278 million, no one was quite sure what Steve’s motives were and where he would take the company. Many people were positive that PA Semi had been acquired only to give Apple some more talented engineers, but Steve spilled the beans on the real reason for more »