Yes folks -- the rumors are true. Apple is holding an event on January 27th to show off something the company is calling their "latest creation." Hair standing on end? Good. The proceedings will take place at the Yerba Buena Center for the Arts Theater in San Francisco, and will get underway at 10AM Pacific. We'll be there live -- as usual -- covering every little second of the action... so get ready!

Update: We're not ones for wild speculation, but the inclusion of splatter paint and the use of the word "creation" could suggest that if we do see the long-rumored Tablet at this event, the focus could be slanted towards art, music, and movie-making. Maybe we'll finally figure out what the point of an Apple tablet is! On the other hand, that might just be a bit of wild speculation. Feel free to generate your own kooky concepts in comments -- we promise not to judge you.

If you'd like to read (or re-read) a slew of Apple Tablet rumor coverage, click here.