One of the challenges in determining the launch date is Apple's dominance in the tablet market. Many companies launch a new product to compete a competitor. There are no tablets that are currently able to compete with the iPad 2. Apple's recent earning show that iPad 2 sales have increased 146% to $2.8 billion compared to the same period in the previous year. Apple sold 11.1 million iPads which marks a 166% increase over the previous year.
The lack of competition may push Apple to delay the lauch to later in the year to allow the company to further maximize iPad 2 sales.
The iPad 3 is expected to have the following: