Macscoop/MacOSXRumors claims that Apple is finishing development on a 12" MacBook Pro described as "ultra-thin":

"The new laptop should be even thinner and weigh less than the current
models in the MacBook Pro line-up. In spite of this very tiny and lightweight
form-factor, the miniaturized MacBook Pro should keep its built-in optical drive
and sport a dual-core processor, providing unequalled size/performance ratio in
the PC industry, sources told MacScoop."

This "ultra-portable" MacBook Pro is estimated to be priced in the $1700-$1800 range and sport a 12" widescreen display. The introduction of 12" MacBook Pro would fill a gap left by the 12" PowerBook model, which was dropped during the transition to Intel in early 2006.

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