Le Figaro reports that renowned designer Philippe Starck (pictured, right) is working with Apple on a “revolutionary” product due in eight months.

Interestingly, Stark reveals that he had a close collaborative relationship with Apple’s former Chief Executive Officer Steve Jobs with whom he met on a monthly basis for seven years.

While this is beyond tantalizing, much can be lost in translation here. Starck already sells products in the Apple Store, and we could be talking about an iPod dock or iPad case or something less exciting than an Apple HDTV or new camera.

Update: More lost in translation/buzzkill: Remember Philippe Starck was working with Steve Jobs on his boat and that would explain the monthly meetings that are ongoing with his wife.  The 75 meter yacht is due in the same 2012-2013 timeframe. It isn’t clear if this is the revolutionary product he was speaking of.

Update 2: Apple says WTF: Reached for comment, an Apple spokeswoman said the company is not working on a new product with Starck and declined to speculate about what the designer might have been referring to when he told France Info Radio that he and Apple “have a big project together that will be out in eight months.”

(via Hardmac)