iPad 3 Features, Release Date Rumors Gaining Traction: What Are the Expectations?

Apart from the newly released iOS 5.0.1 untethered jailbreak for A4 devices, another topic creating a lot of buzz in the tech world these days is the release of Apple's next generation iPad aka iPad 3. The device, which is expected to be launched towards the end of this month, is rumored to arrive in two sizes and have a set of enhanced features.

Let's have a look at the much-hyped expectations related to the forthcoming Apple iPad 3.

Two Models

The rumor about the two versions of iPad 3 has been floating around even before the holidays. However, it gained traction after Digitimes reported last week that "Apple is set to unveil two versions of its next-generation tablet, one for the high-end segment and one for the mid-range segment." The new models of iPad 3 will join the iPad 2, demonstrating Apple's complete iPad series targeting the entry-level, mid-range and high-end market segments, said the report.

Barclays Capital also believes that the Cupertino tech-giant may unveil two iPads in 2012. According to one of its analysts, while one model of the iPad 3 will come with better cameras, higher resolution display, an A5 processor and Siri in March, another one will hit the market later this year, featuring a faster processor and 4G LTE.