The always very well-informed John Paczkowski at All Things D reports today that the next iPad upgrade, the iPad 5, will be one of the biggest updates for quite some time. Paczkowski says that according to Cantor Fitzgerald analyst Brian White, who has been talking to companies in Appleâ€™s supply chain in Taiwan, the iPad 5 will be a â€œsignificantâ€ upgrade.
Echoing the same rumours that weâ€™ve heard from many other sources, White believes that the next iPad will be lighter and thinner than previous models, but will be fitted with the immensely powerful new 64-bit A7 chip. White thinks that the change in the iPadâ€™s looks, as well as the powerful new chip, will encourage Appleâ€™s â€œsizeable installed baseâ€ to snap up this newest, and greatly enhanced, version, following on from a couple of fairly basic upgrades over the past couple of years, when people might have passed over trading in their old iPads.
As a result of his new report, White was prepared to increase his iPad shares target to $777.
Source: New iPad Could Drive Big Upgrade Cycle - John Paczkowski - Mobile - AllThingsD