The new iPad3, expected to go on sale in March, will sport a high-definition screen, run a faster processor and work with next-generation wireless networks, according to those people familiar with the product.
The company’s manufacturing partners in Asia started ramping up production of the iPad 3 this month and plan to reach full volumes by February, said one source, who asked not to be named because the details aren’t public. The tablet will use a quad-core chip, an enhancement that lets users jump more quickly between applications.
Apple Chief Executive Officer Tim Cook is counting on the new model to ward off mounting competition in a market that Apple pioneered two years ago. After its debut in 2010, the iPad emerged as the company’s second-biggest source of revenue - after the iPhone - and inspired rival products from Amazon.com and Samsung Electronics.
Apple has sold more than 40 million iPads, generating at least $US25.3 billion in sales. Natalie Kerris, a spokeswoman for Apple, said the company doesn’t comment on rumor and speculation.
Apple has sold more than 40 million iPads, generating at least $US25.3 billion in sales. Natalie Kerris, a spokeswoman for Apple, said the company doesn’t comment on rumor and speculation.
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