Jan. 13, 2012 at 5:35 PM ET
Bloomberg just released a report citing three unnamed sources who name specific details of Apple's next iPad. The iPad 3 will have a high-definition screen, 4G LTE networking and a powerful quad-core processor, says the news service. The report also says that the product will reach full production volume by February.
It's no surprise that the iPad 3 will have a better screen: The iPhone has long had the more beautiful "retina" screen, and a device like the iPad, meant for reading, should have one too. It's also no great shock that Apple would put a quad-core processor in there, especially given the positive reception of the Asus EeePad Transformer Prime. As you can see in the video below, the Prime appeals to gamers because of its quad-core processor.
What does shock me is the LTE wireless connectivity. Apple's strongest U.S. partners, AT&T and Verizon Wireless, both have LTE networks, and Sprint is rolling one out too. But Apple is often reluctant to jump on new wireless technologies, and if this report is to be believed, LTE would come to the iPad before it was even on the iPhone.
As for the February date, that sounds consistent with last year's shipping schedule: The company announced the iPad 2 on March 2, and had it in U.S. stores by March 10.
More on the iPad from msnbc.com: