Apple will reportedly unveil an 8GB iPad 2 alongside a new 16GB and 32GB iPad 3 on March 7th, according to a DigiTimes report.
Sources from its upstream supply chain pointed out that the company is expected to launch two iPad 3 models - a 16GB version and 32GB version. In addition to iPad 3, Apple is also expected to unveil an 8GB iPad 2, allowing the tablet PC series to cover different segments and to defend against Windows 8-based tablet PCs
The site expects the 8GB iPad 2 to cost around $349-$399 and sell alongside an $449 16GB iPad 2.
It was recently rumored that Apple would increase the price of the iPad 3 by $70-80.