New iPad5 to be Released March 2013?

If a new report out of Asia is to be believed, we could be staring at the new iPad 5 by the end of March this year! The report from Macotakara in december said that Apple would release a fifth generation iPad in March 2013, which would be thinner and lighter. It seems that the tech gaint is trending towards bi-annual release cycles for its tablet line, seeing as it only recently launched its iPad 4 in October.

Here is an excerpt from the report:

“However Chinese news ZOL (CBS Interactive) reported next iPad mini in AppleInsider's article, according to my inside source, iPad (5) may be released in March 2013. Source told that, design of this new iPad will be like iPad mini in detail, and be thinner and lightweight [sic].”

Lets say the rumors are true, we could be looking at a next-generation iPad as thin as 7.2mm and see the implementation of less LED lights to save your precious battery life.

While Steve Jobs’ focus was on visionary products, CEO Tim Cook, with his expertise in managing the supply chain, could differentiate Apple “by launching premium products that are continuously refreshed,” the report added.

The Macotakara also claimed that a second generation iPad mini was also being prepared. The smaller iPad would likely feature an all-new 7.9-inch Retina display with the same resolution as the third and fourth generation iPads (2048 x 1536 pixels) and an A6X processor.

In November, DigiTimes also reported that the upcoming version of the iPad could be released in the "Middle of 2013,” boosting “demand for ICs– in particular communication-related chips– during the latter half of the first quarter.”