New Apple iPad said to be “a major upgrade”

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Apple may be preparing one of their biggest upgrades for the iPad this year as it plans on redesigning the iPad, according to Cantor Fitzgerald analyst Brian White. We’ve seen a couple of leaks already, so it should come as no surprise that the fifth gen iPad is expected to come with a lighter and more compact body.

This would be ” major upgrade” according to White and it comes at a time when White also predicts that many of the 155 million iPad owners are looking to upgrade to a newer device.

“Given our research in Taiwan over the past few days, we believe the iPad 5 has the potential to be a significant iPad upgrade cycle,” White writes in a note. “[Since] Apple did little in the way of changing the look and feel of the past couple of iPad iterations, we believe Apple’s sizable installed base, with 155 million iPads shipped through 3Q:FY13, is ready to purchase a new full-sized iPad.”

Source – PhoneArena

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