CORAL GABLES, FL - OCTOBER 28: Mateo Alvarez (R), a Verizon representative, helps Ron Katz with the purchase of two iPads at a Verizon store on October 28, 2010 in Coral Gables, Florida. Verizon stores started to sell the popular Apple product today. (Photo by Joe Raedle/Getty Images)
The news, coming from unnamed sources, is that Apple has been working on the product for a year, Bloomberg News reported. Apple declined to comment on the report.
The current iPad line has 7.9-inch and 9.7-inch displays, but the new, larger screen may attract gamers, and heavy users of video content. There's talk that Apple will also be making the iPhone bigger, up to a 5.5-inch screen, as well as selling models with 4.7-inch displays.
The odd thing is that tablet prices have been pushed down by the glut of low-end machines, but we figure Apple has decided it wants to hold onto its higher-end clientele and cater to them. Instead of cheaper, it's likely the new iPad will be more expensive, but it will also act like a laptop so users will have more versatility at work -- and maybe increase the iPad's march into enterprise?