Play of the Day -- The new iPad for president?

Colbert says new Apple product could be nominee.

Stephen Colbert on Wednesday gave his thoughts on who might come out on top if the Republican nominating process culminates in an open convention.

"It could be Gov. Palin or Chris Christie, or that baby sloth in pajamas that's been lighting up the Internet," Colbert joked. "Or the iPad 3."

Don't miss today's Must See Moment at 2:00 when Jon Stewart uncovers Mitt Romney's base.