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The new IPad 3 to be released on March 7th 2012. 

Apple has started sending out invitations for their next upcoming event which is going to take place in San Francisco.

It is expected that the IPad 3 will have 4G LTE technology, a quad core processing chip, retina display, an 8 Megapixel camera, and it will be slightly thinner than the IPad 2.