Apple iPad 3 likely to be announced on March 7

Apple is likely to announce their next generation iPad next month at an event scheduled for March 7.

this new edition is expected to be a major update over the current generation model. It is likely to feature a quad core processor and a massively improved display.

Reports also claim that this would be the first mobile device from the company to support 4G LTE networks.

The new iPad could feature a display capable of double the resolution (2048×1536) to ensure that no existing app breaks on it.