Bloomberg: iPad 3 Due in March with 4G + Quad Core Processor

There are many, many rumors out there regarding the iPad 3. You take them for what they are, guesses. But when Bloomberg passes along a rumor, everyone listens, because they're generally right on the mark.

Today, they released information from the usual unidentified source which claims that the iPad 3 will come out in early March. It will contain the high resolution retina display screen, the same type used on the iPhone 4 and 4S, as most rumors have indicated.

But, they also claim that it will contain a quad core processor, which would make it incredibly fast. The iPad 2 has a dual core processor, so quad core would certainly result in a noticible increase in speed and allow for more powerful applications to run on the tablet.

Finally, to top of the tease, they say that it will definitely support 4G LTE from day one. LTE is the "real" 4G supported by all the major carriers. Currently LTE is widely available with Verizon, and is available in several major markets on AT&T, including Los Angeles and New York. A 4G iPad 3 is big news, making the the unit a very competitive product going head to head with the Android tablets which were just announced at the Consumer Electronic Show this week.

They claim that full blown production of the iPad 3 has already begun. We will keep a close eye on the developments and report significant movement as it happens.