Apple's iPad 3 will reportedly hit the market in March and work with Long Term Evolution (LTE) networks.
According to Bloomberg, the iPad 3 will land in the calendar first quarter. Bloomberg cited manufacturing partners in Asia. In addition, the iPad 3 will sport a quad-core chip.
The iPad 3 is expected to be one of Apple's big revenue drivers for the upcoming year. While the iPad 3 is critical, most analysts expect the iPhone 5, which is also expected to be 4G friendly, to drive sales more.
Volume manufacturing is expected to ramp up in February, according to Bloomberg.
If Bloomberg's report is on target, Apple is likely to see a slowdown in iPad 2 sales, which may already be taking a hit from Amazon's Kindle Fire. There has also been speculation that Apple will keep the iPad 2 around and play multiple price points.
Piper Jaffray analyst Gene Munster handicapped Apple's iPad plans in a recent research note. He said:
