With the Amazon (AMZN) Kindle in its sights, Apple (AAPL) has finally pulled the trigger on its long-debated Tablet device.

Apple has plans to start producing the 10-inch touch-screen electronic reader, and the first model is due to arrive as early as March, according to Oppenheimer analyst Yair Reiner, citing information from suppliers. This report confirms earlier rumors that suppliers were gearing up for a February kickoff of the Apple Tablet.

Apple has also been working on terms with publishers that would split the revenue of electronic book sales by a 30/70 ratio, with book companies getting the larger cut, writes Reiner. The terms would be a departure from the even split that Amazon shares with publishers.

Bing: More on Apple's Tablet