There are many varieties of tablets being sold in the market, and the Apple iPad is one of the most popular among them. Gadget lovers are excited to see the evolution of Apple’s next iPad, but they still have to wait a few more months. Right now, they can only read information about this new device.

So what will Apple’s iPad 3 offer tech lovers? Apple says the iPad 3 will be slimmer and sleeker than previous versions. It also has an HD touch screen with a screen resolution of 2048 x 1536. The battery is also lighter to reduce the overall weight of the new iPad. The bad news for iPad lovers is that the battery in this new gadget will be 25% more expensive. However, the higher cost comes with longer battery life, in addition to the reduced weight mentioned above. Another advantage would be its wireless charging and data transfer functions.

The iPad 3 is expected to be as fast and capable as an advanced desktop computer thanks to its quad-core A6 processor. The Apple iPad 2 has the 900 MHz dual-core ARM Cortex-A9 processor, making it one of the most powerful tablets on the market. This development in the processor puts the new iPad in a competitive range for the next wave of tablets. The iPad 3 is also said to be powered by iOS 5, a multi-touch gesture feature. But there are also rumors that Apple could bring OS X Lion.

Apple has been working hard to include a better version of Retina Display on its new iPad, scheduled for release in March 2012. Right now, the iPhone 4, which has a 960 x 640 screen resolution, supports Retina Display . This advanced technology makes text and graphics look smooth, even when enlarged. However, there have been reports that Apple has struggled to incorporate the technology into its new iPad. Other speculations speak of the 3D function in the iPad 3, but this cannot be determined.

Devices are now equipped with state-of-the-art cameras that capture high-quality images. The new tablet is reported to have a 5MP camera with an LED flash. The built-in camera will also be able to record 720p and 1080p video. What’s amazing for iPad fans is that it can, as claimed, record 60 frames per second of video. Apple owes this technology to OmniVision.

One complaint people have about tablets is that after a while they get smudged due to fingerprints and grease. In particular, the touchscreen should have a grease-repellent coating to prevent fingerprints and oils from sticking too hard to the surface.

While iPad fans are excited about the launch of the new iPad, Apple has yet to issue an official statement on a commercial release date. Reports say that this delay in the new product launch is due to issues with the Retina Display feature. Also, there is no official mention about the possible price, but new features are expected to increase the price.