screenshot via AppleThe invitation sent to the media hints at a new iPad.12:30 p.m. | Updated Adding background.
The event will be held March 7 at the Yerba Buena Center for the Arts Theater, where previous iPad events have been held. The invitation bears an image of an iPad and says: “We have something you really have to see. And touch.”
Apple has not officially confirmed any details about its next iPad. However, people familiar with the product have said that the third-generation iPad would include an improved display and a faster processor, and essentially be the same shape and size as the iPad 2. Some other publications have reported that AT&T and Verizon will sell a new iPad that is compatible with their faster, fourth-generation LTE networks.
The iPhone is Apple’s biggest moneymaker, but the iPad is becoming increasingly vital to the company’s business. Tim Cook, Apple’s chief executive, has said that he believes that the tablet market will one day outgrow the PC market.
“I clearly believe that there will come a day that the tablet market in units is larger than the PC market,” Mr. Cook said during Apple’s first-quarter earnings call. “We’re going to continue to innovate like crazy in this area, and continue to compete with anyone that is currently shipping tablets, or that might enter in the future.”