After a year full of rumors, its time for the next generation iPad to launch. Apple is planning an event on March 7th 2012, where it would give iPad the most needed upgraded: iPad 3.
Next iPad would be called iPad 3 rather than iPad 2S. The upgarded would be huge as compared to the last time when iPad 2 barely had few differences over iPad 1.
Next iPad 3 event is scheduled for the first week of March, and Wednesday is a traditional day for Apple to hold these types of events.
iPad 3 would be all about Retina display with humungous resolution of 2048×1536.
In order to drive this ultra high resolution display, it would need a powerful GPU and CPU. Apple might upgrade A5 to A6 with quad core processor and quad core GPU. Quad-core makes more sense since evidences for quad-core processor has been found in iOS 5.x code.
It could be time when Apple finally adopts 4G LTE networking with iPad 3,and then move it to iPhone 5. 4G would be powered by a Qualcomm chipset. Apple could release a 4G LTE variant model, targeted at Verizon, AT&T, Rogers, Bell, and other carriers and an non-LTE version for other places around the world.
The camera would be upgrade to 5MP or 8MP with support for HD video. But camera would not be their priority, since they still have to stick to $499 price line.