Generally, after the release of new generation products such as iPod or iPad, Apple never hype prices. Instead, the prices of the old generation products are replaced with that of the new ones. But it was rumored earlier that iPad 3 would cost much more than the current generation iPad. Now, 9to5Mac sources claims that the previous rumors were inaccurate and the prices would not cross the current benchmark. 
Perhaps, these sources also revealed the model no. of the upcoming iPads which are expected to be announced through a special event on 7 March. They also added that the configuration would remain the same, that is, the next generation iPad would come in 16, 32 and 64 GB variants. It clearly contradicts a report from Digitimes which suggested that the configuration could change to 8, 16 and 32 GB from this year.
Model Numbers:
MC705LL/A – J1 GOOD A-USA
MC706LL/A – J1 BETTER A-USA
MC707LL/A – J1 BEST A-USA
MD328LL/A – J1 GOOD B- USA
MD329LL/A – J1 BETTER B-USA
MD330LL/A – J1 BEST-B-USA
MD366LL/A – J2A GOOD A-USA
MD367LL/A – J2A BETTER A-USA
MD368LL/A – J2A BEST A-USA
MD369LL/A – J2A GOOD B-USA
MD370LL/A – J2A BETTER B-USA
MD371LL/A – J2A BEST B-USA
Needless to say, Apple could release an 8 GB iPad 2 to target medium range market which is being slowly captured by Android tablets. iPad 3 is expected to have an LTE technology, a display of twice the resolution of current generation iPad and a quad core processor to boost the performance of the device. What do you think? Let’s know in the comment section.