Could we have both a new iPhone and iPad this year? A new report says suppliers are gearing up to help Apple produce millions of both for an October release.

Citing component industry sources, DigiTimes says a number of Taiwan-based companies that supply Apple with parts for its gadgets have "begun to prepare materials" for the two iOS devices, with production slated to start in September.

DigiTimes is scant on iPad 3 details, besides noting that Apple is going with a version that's "even thinner and lighter" as well as sporting a 250 pixels-per-inch (ppi) display. That would put it lower than the iPhone 4's so-called Retina Display, which sits at 326ppi.
The 50ppi difference could go against Apple CEO Steve Jobs' original claims when introducing the iPhone 4 at WWDC last year; then, he put the "magic number" at about 300ppi. Even so, it's nearly double the pixel density count of the existing iPad model, which could benefit text and photo clarity.

That Apple's working on a follow-up to the iPad 2 is not much of a surprise. A similar report from DigiTimes earlier this month said Apple was in the process of selecting the parts that would go into it. However, Apple introducing a third iPad model within eight months of debuting the last version would be highly unusual. Even the iPod, which has been one of Apple's most frequently updated gadgets, has long stayed on an annual cycle that may only vary by a few weeks to a month.

Along with the iPad 3 tidbits, DigiTimes puts the kibosh on rumors that Apple is scraping together two models of the iPhone. That rumor's been kicking around for years, though it's become more high profile after numerous reports of Apple releasing an incremental upgrade to the existing iPhone 4 model.

This week marked the four-year anniversary of Apple's original iPhone going on sale. The iPhone 4, which remains the most recent model, went on sale more than a year ago on June 24, 2010.

Above is the latest information on iPhone 5 and iPad 3 posted on CNET technology. Iphone ipad 5 and 3 will be how to configure, and look like. Do not know about you, I'm waiting for each day to witness iPhone 5 and iPad 3. Wish you happy.

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I'm going to take that week off work...

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As a huge fan of Apple I can say that the iPad 3 is WAY too early! Bring the iPhone 5 on though

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Heh, always seems there's SOMETHING new a lot more sooner than there should be but sweet, I'd like to get myself some of these.

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The Ipad 3 isn't coming out this soon its just speculation. I heard the Ipod Touch 5G won't have any major changes. The Iphone 5 is another story it has been put off for 3 months now so its hard to say what Apple has planned in store.

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It'll be interesting to see how different iphone 5 is from 4. I have a 4 and I lovelovelove it. I wont be looking at getting a 5 as soon as it comes out, but by the time I feel ready for an upgrade I'm certain it will be the latest iphone, whatever number they're at by then.

As for the ipad, my fiance and I are itching to get one. A new one so soon seems a bit too soon. But hey, it's Apple. I'd love to be getting an ipad 2 around Christmas but if they're already planning the third we might just hold on.

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There will definitely be a third ipad. I think you should probably expect faster processing, larger memory, and a better camera for both. They're going to be prepping to be able to handle more intensive apps for sure.

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It's just one of those things that no matter when you decide to buy a product there'll always be another one coming out not too long after..

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This yearly update gimmick is one of the reasons I downright refuse to buy any of Apple's devices. Technology becomes obsolete all the time, but these life cycle rates are ridiculous.

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