Report: iPad 3 Launching in March

By Patrick Molloy on January 16, 2012, 11:08AM EST

Apple is gearing up to release the next generation of iPad tablet in March of this year, according to media reports.

Business news website Bloomberg reports that the upcoming iPad 3 will feature a high-definition screen and a quad-core processor, as well as the capability to work with next-generation wireless networks including LTE.

According to people familiar with the product, says Bloomberg, production of the device started earlier this month, and Apple plans to reach full volumes by the end of February.

Source: Bloomberg

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