Photo: iPad 3 to be launched in March. Features and specifications

I bought an iPad 2 two months ago and now I’ve learned that Apple is preparing for the March release of its iPad 3 Tablet, therefore I’ll be outdated again.

According to Bloomberg, iPad3 will feature a high-definition (HD) display, a quad-core processor (much faster than iPad 2) and LTE connection (the next generation wireless communication).

Apple’s partner factories in Asia began manufacturing iPad 3 in January and will reach full production capacity in February.

Apple iPad hopes to maintain a dominant position on an increasingly crowded market. After the 2010 debut, which virtually created a new segment on the mobile gadget market, iPad has become the second source of profit for Apple after iPhone, with sales exceeding 40 million units to date, which generated an estimated income of at least 25 billion dollars.

The success of Apple iPad determined many rival companies to launch competing tablets, the most successful models coming from Samsung and Amazon.com whose gadgets are based on Google’s Android software platform.

Apple’s spokesperson Natalie Kerris said that she does not comment rumors and speculations.
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LTE (Long-Term Evolution) Standards allow Internet speeds much faster than the 3G connection. Manufacturers such as Samsung, Motorola and Nokia have already launched LTE based smartphones.

Apple has decided to introduce technology first on the tablet because the battery, which is more powerful than that of the iPhone, can support a higher consumption of energy needed for faster connection sppeds.

The new display has higher resolution than the current iPad 2 and the pixel density is higher than some of HD TVs.

IPad 3 is assembled by Foxconn Technology, Apple’s main production partner. the contracts with Apple represent 22% of Foxconn’s businesses.

The lauch of the new iPad is Apple’s first hardware significant debut since the death of company co-founder, Steve Jobs, in October last year.