According to a breaking report by Bloomberg, Apple has already began production on its iPad 3 which is expected to be announced in the next few weeks and go on sale in March. It will reportedly feature a high-definition screen (yeah better than it already is), have a faster processor at its core and be compatible with next-generation wireless networks (LTE). Bloomberg cites three people that are supposedly familiar with the product.
The report goes on to say that Apple’s manufacturing partners in Asia ramped up production this month and should be at full operating capacity by February. We aren’t sure what Apple will call this new chip, but it will apparently be quad-core which would just be freaking ridiculous on a tablet. In terms of this new display, it will apparently have a higher resolution than some HDTVs (possibly 1,536 x 2,048-pixel HD) and will have enough pixel density to make images look like printed material (look out Kindle). Videos will seem to play almost instantly due to additional graphics processing.
To meet the delivery date, Foxconn’s plants are running 24 hours a day, though production will halt to observe China’s Lunar New Year holiday this month and then ramp back up to full production again in February.
That’s all we know for now but we will keep you informed as this story develops.