iPad 3 Coming in February 2012: Citi

By Simon Constable

AP

As if anyone actually doubted it, the iPad 3 will be launched in February 2012, pretty much in line with the launch dates of prior models.

“Several sources have confirmed the timing of this launch and there do not appear to be any significant technical hurdles remaining (contrary to some recent press reports),” writes Richard Gardner, in a new report from Citigroup Global Markets.

This should put to rest certain Asian supply chain worries related to floods in Thailand that had put into question the launch date.

The new device will have dramatically better resolution: double the current level, in terms of dpi (dots per inch), he says.

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