iPad 2 has been out for all of nine months and it is about to be obsolete if Apple has their say. The company will release the iPad 3 in the first quarter of 2012, according to a report from Digitimes. They cite manufacturer sources that claim the iPad 2 will see 14-15 million units produced in the fourth quarter, but only 4-5 million in the first quarter. The decline in production will apparently clear the way for the iPad 3.
GameSpot reports that the next iPad is rumored to have a “2048×1536-resolution screen, effectively quadrupling the pixels in the iPad 2… other rumored features include an A6 processor, Siri integration, a slightly thicker device, and even a stereoscopic 3D screen.” There is no word on the price, although it will likely be no more expensive than current models. If the features prove to be true, it would be a pretty decent upgrade.