iPad 3 Release Date Set for Next Month [Rumor]

The iPad 3 release date has been set, according to sources with the Wall Street Journal. The next generation of Apple’s tablet will be announced next month in San Francisco. If history is any indication, the tablet will be released about a week after the announcement.

All Things Digital writes:

“Apple’s not holding an event in February — strange, unusual or otherwise. But it is holding one in March — to launch its next iPad.”

ATD claims that Apple has chosen the first week of March to launch the new tablet and speculates that the event will be held at the Yerba Buena Center for the Arts. Customers should be able to buy an iPad 3 about a week after the event.

Details about the iPad 3 are still pretty scarce. A photo of the back cover of the new tablet that leaked to the internet yesterday showed space for a larger battery and hinted at a new retina display.

GameSpot speculates that the new iPad will also have a faster processor and will carry data faster than previous iPads.

eWeek reports that Apple sold 15.43 million iPads last quarter. Apple CEO Tim Cook said:

“There is cannibalization clearly of the Mac by the iPad, but we continue to believe there is much more cannibalization of Windows PCs by the iPad… and there’s many more of them to cannibalize. And so we love that trend.”

TechNewsWorld expects Apple to maintain control of the tablet market by pricing the iPad 3 aggressively while dropping the price for the iPad 2.