It’s no surprise Apple is developing the next generation iPad but the rumor mill is pointing at a February 2011 release.
According to Digitimes, Foxconn will begin shipping the iPad 2 around late February to early March next year. The initial shipment is rumored to be around 400,000 – 600,000 units which would make the next generation iPad hard to buy at launch.
However, Apple wanted wanted to meet an earlier schedule to release the iPad 2: January. Continued testing showed the tablet wasn’t ready to launch due to Firmware issues.