iPad 3 will have a HD screen, faster processor and 4G LTE networking

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Bloomberg just released a report citing three unnamed sources who name specific details of Apple's next iPad. The iPad 3 will have a high-definition screen, 4G LTE networking and a powerful quad-core iPad 3 processor, says the news service. The report also says that the product will reach full production volume by February.

Production has already started on the iPad 3, with Foxconn ramping up the numbers this month, reaching full volume by February, said one of the sources who didn't want to be named. The other two said the third generation iPad will be quad-core, allowing for super-fast jumping between apps. HTC is also rumoured to be readying a quad-core - A6 processor tablet, nicknamed the Quattro. HTC's should make an appearance at Mobile World Congress in February, just ahead of the iPad 3's release date, so the competition between the two should be fascinating.

The new high-definition screen sounds pretty great too. It'll be higher resolution than the current iPad, according to one of the sources, with more pixels than some HD TVs. And they're small enough and close enough together to look like printed material, one of the sources said. Sounds exciting.

The device will also be enabled for 4G LTE networking, according to the sources, though that doesn't mean much for us Brits -- 4G LTE networking isn't due to reach these shores until 2015 due to spats about auctioning off spectrum. Though Ofcom is trying to remedy that. Fingers crossed it works out.

Other iPad 3 rumours we've previously heard include that the iPad 3 will be fatter than the current model, due to a dual light bar system for the high-definition screen, and that it'll have the A6 processor, as well as iPad 3 Siri for voice control.