Apple will hold a press conference in the first week of March, which announces the iPad 3 said John Paczkowski of AllThingsD.
After the release, the new iPad 3 will be available for purchase.
The waiting period can be more than two weeks, given the history of the sale iPad 2.
Paczkowski says that the iPad 3 will sport a faster processor and high-resolution (Retina display). Due to an improved specification chassis form factor, the former may be a little thicker than iPad 2 .
The new device will be similar in form factor to the iPad 2, but iPad 3 will running a much faster A6 chip.
It is expected that the event will be held at San Francisco Center for the Arts Yerba Buena, where Apple is often carried out activities in the past.