iPad 2 Event Coming on March 2: Report

On the same day that rumors about delays for both the iPad 2 and iPhone 5 caused Apple stock to drop precipitously, news from BoomTown was that Apple was set to unveil its next-generation "magical device," the iPad 2, on March 2.

The news came on Feb. 22 when Apple (AAPL) stock tumbled, based on the earlier reports of delays, closing at $338.61, down $11.95 or 3.41 percent at market close.

According to BoomTown, the date was firm. Apple hasn't sent out invitations yet, and wouldn't comment, but the company doesn't send out invitations until a week or so before an event, so they will probably be hitting inboxes soon.

The iPad 2 is expected to be thinner, lighter, have the same screen size and resolution, feature a dual-core processor, front- and rear-facing cameras, and possibly a dual-mode Qualcomm chipset to enable the device to run on both GSM and CDMA-based networks, supporting Verizon and other CDMA carriers out of the box.

With the iPad 2 now facing a large list of already announced and expected Android tablets carrying Honeycomb, the first tablet-optimized version of Android, it will be interesting to see how the new "magical device" version specs out compared to say, the Motorola Xoom, which launches on Thursday.

It should be noted that March 2 is for the announcement of the iPad 2, it's believed, and that the actual launch date will likely be a few weeks later.
Tags:  Apple, ipad