In competition with iPhone 4S, Apple ready to is approach with iPad 3 as its future product.

For consumers, the big question is when the iPad 3 will launch, from sources, Apple is sending the iPad 3 into production this quarter. Apple believes 600,000 to 1 million iPad 3 units will be built this quarter and only commit to early 2012.

Some feature of iPad 3 would be like "A6" processor and processor will feature four cores instead of the dual-core A5 in the iPad 2. And as you might expect, the company has so far been reluctant to comment on the iPad 3.