We already know that Apple will be launching its next generation iPad 3 in first week of March. According to recent reports by iMore, iPad 3 is slated to launch on March 7th. They further mentioned that iPad 3 will be 4G LTE capable and will be packed with quad core processor. It will also have Retina Display with either a 5 or 8 megapixel rear camera and a FaceTime HD front camera. Even Jim Dalrymple of Loop Insight has confirmed the date.