More Hints Of a Super-Speedy iPad 3

We're about halfway through February, which means that we should be less than a month away from Apple (Nasdaq: AAPL  ) taking the wraps off the newest iteration of the iPad, which will presumably be called either the iPad 3 or the iPad 2S. It's been a couple of weeks since we did a rumor roundup, so let's see where we stand now with the latest rumblings from "people familiar with the matter."

March 7 now appears to be the date that fingers are pointing to, according to iMore but separately corroborated by long-time iFollower Jim Dalrymple of LoopInsight. That date also matches up with an AllThingsD report that said Apple was set to hold an event in the first week of March for the launch. The iPad 2 was launched with nearly immediate retail availability thanks to supply chain master and CEO Tim Cook, so hopefully this one will see similar punctuality.

The Wall Street Journal is now jumping in on the rumor action, and has confirmed that carrier partners Verizon (NYSE: VZ  ) and AT&T (NYSE: T  ) will offer 4G LTE versions of the tablet. There have already been rumors to this effect from BGR and Bloomberg, but WSJ's "people familiar with the matter" are typically more reliable than the "people familiar with the matter" of other sources (I'm looking at you in particular, Digitimes).

Big Red's LTE network beats Ma Bell's in terms of coverage, with 200 million people covered, compared to 74 million. One of the bigger concerns over LTE in general relates to battery life, but the iPad's massive battery should be able to address that.

Perhaps more interesting is another WSJ report this morning that claims Apple is testing an iPad with a smaller screen. Keyword: testing. Cupertino is rumored to have looked at an additional screen size of around eight inches, sourced from AU Optronics and LG Display. A smaller iPad would tackle the only Google (Nasdaq: GOOG  ) Android tablet that's selling well: Amazon.com's (Nasdaq: AMZN  ) Kindle Fire.

I've always had doubts about a smaller iPad, partially because it would encroach on the iPod Touch's turf, but testing is entirely believable. Apple likely tested MacBooks running on its custom ARM Holdings-based processors, but those will probably never see the light of day, since iPad unit sales are exploding and all. iPads outsold Macs by nearly 3-1 last quarter.

At this point it seems like 4G LTE is a lock, but I'm officially a naysayer on an iPad mini.

With Apple leading the mobile revolution, some winners are hard to see -- because they're buried inside the gadgets. The proliferation of mobile devices is going to be breathtaking, and a handful of companies stand to rake in the profits as consumers snap up each year's latest and greatest models. We've just released a new special report on "3 Hidden Winners of the iPhone, iPad, and Android Revolution." In it, you'll find three companies that supply crucial components that virtually every mobile device relies on. Check it out now -- it's free.

Fool contributor Evan Niuowns shares of AT&T, Verizon Communications, ARM Holdings, Apple, and Amazon.com, but he holds no other position in any company mentioned. Click here to see his holdings and a short bio.

The Motley Fool owns shares of Apple, Amazon.com, and Google; buying shares of Amazon.com, Apple, and Google; and creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (1) | Recommend This Article (5)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On February 15, 2012, at 9:49 AM, lucasmonger wrote:

    Given all the emphasis on education, I would think a smaller iPad for grade school kids and people with smaller hands could be a hit. But for me (I'm 6'3") a smaller iPad just won't work. I have an iPhone, but find the iPad so much more useful because of its real estate.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1781027, ~/Articles/ArticleHandler.aspx, 12/20/2014 6:10:11 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement