Rumor: Apple will reveal & release the iPad 3 in March

Months of speculation and rumor-mongering about an iPad 2 successor may finally be drawing to a close. According to a new report, Apple will officially unveil the iPad 3 in early March. For real, this time.

Rumor: Apple will reveal & release the iPad 3 in March

Anonymous insiders whispered to AllThingsD that the Cupertino company is planning to debut the long-awaited device at a special event in San Francisco during the first week of March. No further details were revealed, though the news site surmised that Apple’s previous use of the Yerba Buena Center for the Arts makes it a likely venue.

Last month, DigiTimes reported that the Taiwanese OEM Pegatron had already received a small order for the new iPad, with Chinese manufacturer Foxconn Electronics to focus more on Apple’s smartphone line moving forward. Several other rumors claimed the device would boast a cutting-edge 2048×1536 resolution QXGA screen, or double what the iPad 2 features.

If history is any indication, Apple may have yet another hit product on its hands. Though the original iPad took four weeks to crack the one million sold mark in 2010, the iPad 2 matched the figure in only three days. It seems unlikely the iPad 3 will top its predecessor. Then again, Apple moved 15.4 million iPads during the holiday season, placing the device ahead of every PC client vendor for the quarter.