Apple reportedly has plans to launch two new iPad models next year according to a recent report. Set to be unveiled at a press conference in January, the two new iPads will join Apple’s iPad 2 to create an iPhone like tablet lineup. The iPad 2 will remain available at an entry-level price point, DigiTimes claimed citing unnamed industry sources, while new mid-range and high-end iPad models will launch early in 2012. Both new iPads will feature dual-LED backlit 9.7-inch displays with a resolution of 2,048 x 1,536 pixels. It is unclear what features might distinguish the new mid-range iPad from the high-end model. The report also claims that Apple’s rumored 7.85-inch iPad will not be among the models to launch early next year. Wedge Partners analyst Brian Blair recently said in a note to investors that Apple would continue to sell the iPad 2 at a lower price point following the launch of its next-generation tablet model.

UPDATE: Loop Insight’s Jim Dalrymple noted that according to his sources, Apple has no plans to unveil an iPad 3 at the iWorld expo in January as noted in DigiTimes’s report.

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Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.