SiliconBeat

Apple is on track to deliver its long-rumored iTablet before the holidays, according the Financial Times.

At the same time, the Cupertino is working with major record labels to counter the digital trend of  acquiring music by individual songs, not the more profitable albums as people did during the era of CDs and records, the paper reports. The plan, code-named “Cocktail,”  is to include rich interactive booklets and other features with albums.

“It’s about recreating the heyday of the album when you would sit around with your friends looking at the artwork while you listened to the music,”  the paper quoted an unidentified executive. The companies are looking for a September launch, according to the FT.

Meanwhile, Apple is hoping to release a new device that will also trigger interest anew in albums. The touch-screen tablet PC will have as much as a 10-inch screen, the paper reports.