Apple to secure 70 per cent of world's tablet market with 'iPad 3'

Next generation device expected to drive total iPad shipments to 70m in 2012.
The tech world will wait with bated breath tonight as Apple holds a conference in San Francisco, which is expected to reveal the iPad 3, or alternatively, the iPad HD.
The firm held a 62 per cent share of the tablet market in 2011, which will grow to 70 per cent in 2012 when the iPad 3 is released, according to IMS Research.
The UK-based analyst says the iPad 3 will lead total iPad shipments to around 70 million, creating a 71 per cent year-on-year rise.
Apple's next-gen tablet is expected to include a quad-core processor, retina display, 8MP camera and 4G connectivity, which is what IMS says will help leave competition behind, despite an estimated price tag of $549.
Gerry Xu, PC market analyst, IMS Research, says: "There is a large customer base loyal to Apple products that have been waiting for the latest tablet. Many owners of the iPad 1 are also expected to upgrade to the latest release. In addition to this consumer demand, growth is also forecast as a result of sales into enterprise and education."

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