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Apple announces the new iPad HD aka iPad 3 on March 7th along with which an update for iOS 5 is also expected.

Apple, the world’s now most valuable company, will hold a product event on March 7 in San Francisco, where it’s said to be releasing the third generation of its best-selling iPad tablet computer.

“We have something you really have to see. And touch,”

Apple said today in an invitation, which features a picture of an iPad 3 HD screen.

- "Moses, meet Steve. He's gonna upgrade your tablets"

After pioneering the tablet market two years ago, Apple is counting on the new model to beat back competition from newer devices running Google Inc.’s Android software. The company has sold more than 55 million iPads, generating at least $US34.5 billion in revenue. Amazon.’s Kindle Fire, which uses Android, emerged as the iPad’s biggest rival over the holiday shopping season last year.

What to expect from iPad HD / iPad3

The iPad 3 comes with the long-awaited Retina display with an increased resolution of 2048 x 1536 pixels, a better (8-megapixel) camera, 4G LTE and an A6 or A5X chip. My personal opinion is that Siri will be among the highlighted features of the new iPad HD although there are also rumors that Siri could be made available to all iOS devices capable of running iOS 5.

Apple has something we really have to see... and touch!

Although people have an idea of what to expect in the iPad HD (iPad3)  already, and there have been rumors floating around for quite some time now, it is always nice to see design concepts from creative developers around the globe. One such design concept has been showcased by Aatma Studio, and many are saying it is one of the best ever seen.

iPad 3 concept design

The new iPad 3 / iPad HD – What not to expect from it

Despite all the concept designs and raves, the overall size, shape and dimensions of the iPad HD  are not likely to change. There is a very sizable ecosystem of accessories (covers, cases, docks, stands and so on) that will all become incompatible if the size and shape changes drastically.

The operating system is definitely iOS 5 – at least for the time being it will start shipping with iOS5 , so it will have access to the thousands of iPad-specific apps on the App Store. What’s not clear, however, is how the existing apps will handle the increased resolution, although Apple always forewarns developers in advance to upgrade their apps to comply with the unreleased specs through early-access SDKs (software development kits).

iPad 3 (HD) Infographic

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