Rumor: iPad 3 launching in March for $499, packs a retina display and 8 megapixel camera

Two years ago Steve Jobs unveiled the iPad to the world and since then we’ve seen Google fumble the ball with Android Honeycomb, Microsoft radically rethink the PC user interface with Windows 8, and Amazon compete on price by introducing the $199 Kindle Fire. With all that being said, Apple is set to change the game once again when they introduce the third generation iPad later this year. We’ve been hearing rumors about the iPad 3 for ages, and there’s obviously a lot of hype surrounding it right now since the first three months of the year have historically been when Apple has launched their tablets, so it isn’t helping that Jeremy Horwitz, Editor in Chief of iLounge (pictured above), is adding some fuel to the fire by tweeting a few things that his sources have been telling him about the iPad 3:

Something doesn’t add up here. The iPhone 4S sells for $650 unlocked, yet the iPad 3 will be $150 cheaper and have a larger screen, the same camera as the iPhone 4S, and what’s likely to be a newer faster Apple A6 processor? The wait isn’t too far off until we know what’s real and what’s bullshit.

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