Apple will release faster PowerBooks—up to 700MHz—later this month, speculates The Register. The new PowerBooks will feature the PowerPC 7440 processor, which operates on a 133MHz bus but consumes more power (and thus produces more heat). Rumor site Think Secret, meanwhile, is reporting speed-bumped PowerBooks and iBooks will arrive in the near future, as supplies of current models are drying up. MacMinute sources have long indicated to us that the updated models could arrive on October 17—the same day Apple announces its quarterly earnings.