Apple has released details of its latest creation, the iPad tablet.

The announcement was made by the firm’s chief executive, Steve Jobs, at a conference in San Francisco on Wednesday morning. The touch screen device has a 9.7 inch multi-touch screen display and will fit into the market between laptops and smartphones, according to a report by the BBC.

Jobs said the iPad allows you to “hold the whole web in your hands”, and will provide the best browsing experience people have ever had.

The iPad has been designed as a portable device that is better suited to browsing the internet and viewing multi-media content than the iPhone.

There has been months of speculation over the device which looks similar to the iPhone but with a larger screen. However in traditional Apple style, the company has remained tight-lipped until today.