iPad 3 launch highly anticipated

With the new year comes an excitement for what products Apple might bring. Speculation has generally centered on the company’s third-generation iPad, which most people have been referring to as the “iPad 3.” Sources from Apple's supply chain have claimed that there will be two versions of the new iPad, one targeting the high-end segment and the other the mid-range. It is expected that Apple plans to reveal the two versions of the iPad 3 this month during the Macworld/iWorld expo scheduled for Jan. 26-28, in San Francisco. Both will reportedly offer the same 9.7-inch QXGA screen (1536 x 2048) and A6 SoC, but one model will sport a 5MP camera whereas the other will feature an 8MP camera. As for the low-end/entry-level model, this will be Apple's current iPad 2, according to sources at Apple's supply chain partners. It remains to be seen at what price level Apple will set its entry-level iPad. It is speculated that once the Apple is expected to drop the price of the iPad 2 aggressively once the iPad 3 is available. The most basic model of the iPad 2 currently goes for 499 dollars.