The rumors have been incessant during the course of the last couple of months regarding the next installment to Apple’s iPad series, and with the purported release bracket ever close, Bloomberg has unveiled some of the key features to expect with the device, unofficially dubbed the “iPad 3”.

Citing three presumably independent sources, Bloomberg states the next device will sport a super-fast quad-core processor whilst being Apple’s first delve into the 4G/LTE wireless network for nifty download speeds.

It’s fair to say 3G hasn’t really taken off on the larger of the iDevices, with many users content to use the cheaper Wi-Fi models and often tether out smartphone connections as opposed to forking out for an additional package. With LTE support though, maybe the tides will turn.

As we reported two days ago, the iPad is in production over in China, with Pegatron taking the lion’s share of responsibilities whilst long-serving iDevice machine Foxconn churns out around one sixth of the quota.

The retina display has always been something of a certainty with the next iPad, and Bloomberg’s report corroborates this. Finally it seems, the wealth of books and news outlets (and soon possibly textbooks) available through Apple’s online stores will be presented with a little finesse and sharpness, leaving those pixelated imperfections as a distant memory.

Apple’s CEO Tim Cook is said to be hoping the device fends off the advances of rivals, all of which are plotting to overthrow the undisputed king of the tablet market – a market which Apple is credited with creating when the first iPad landed less than two years ago. Amazon’s uber-cheap Kindle Fire caused a bit of a stir when released late last year, and although the performance of the product was disappointingly reflective of the $200 price tag, head honchos at the fruit company remained on red-alert. Complacency is often a downfall for market-leaders, but despite shifting over 40 million iPads since launch, Apple seems keen to build on the progress rather than rest on its laurels.

(via  Bloomberg)

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