Following the release of the iPhone and the phone-less iPod touch, Apple is said to be readying a third iPhone-like product: an Apple PDA. The folks at AppleInsider say they've learned from "well-respected sources" that, for the past 18 months, a "small team of Apple engineers" have been developing a PDA based on the same key ingredients as the iPhone: multi-touch technology and an embedded version of the Mac OS X Leopard operating system.
The system is reportedly about 1.5 times the size of the iPhone, with a display boasting a resolution somewhere around the 720x480 mark and engulfing most of the device's front surface. Its operating system also features functionality absent from the iPhone, such as cut-and-paste and drag-and-drop text manipulation.
AppleInsider says the PDA project has slipped "in and out of limbo" during the iPhone's development, and that developers were even pulled from said project to help complete the iPhone's software. However, now that both the iPhone and the iPod touch are out the door, the site claims Apple is going "full steam ahead" on the unnamed PDA and prepping for a launch in the first half of 2008.