The Cell Phone Junkie

Bloomberg Friday reported that Apple’ has begun production on the iPad 3 with an expected March release.  In the report, three unnamed sources say LTE, a quad-core processor, and a retina display are the expected improvements over the current hardware.

[iPad 3] will sport a high-definition screen, run a faster processor and work with next-generation wireless networks, according to three people familiar with the product. [..] The tablet will use a quad-core chip, an enhancement that lets users jump more quickly between applications, two of the people said.

Apple is bringing LTE to the iPad before the iPhone because the tablet has a bigger battery and can better support the power requirements of the newer technology, said one of the people. 

The new display is capable of greater resolution than the current iPad, with more pixels on its screen than some high- definition televisions, the person said. The pixels are small enough to make the images look like printed material, according to the person. Videos begin playing almost instantly because of the additional graphics processing.

Apple released the first generation iPad in April of 2010 and the second in March of 2011.

Source: Bloomberg via iMore