iPad 3 with many new features will be released on March 7 2012, this was reported on many reliable technology blogs and websites after iMore reported the same yesterday. It was reported that Apple is going to hold a big event on 7th March where they will announce the release of iPad 3 the next generation of iPad series.
Few days back it was predicted that iPad 3 will be released in first week of March 2012 and now this report supplements that perceptions.
Other features that are being expected in next iPad 3 include:
A6 Quad Core Processor
4G LTE Support, Qualcomm chipset