Apple may introduce a less expensive version of its popular iPad 2 tablet next week when it unveils its next-generation iPad 3. Citing unnamed sources from within Apple’s supply chain, DigiTimes on Thursday reported that the Cupertino, California-based technology giant will announce 16GB and 32GB versions of the iPad 3 during its press conference in San Francisco on March 7th. At the same time, Apple is expected to reveal a new cheaper version of its iPad 2 tablet that will only include 8GB of internal storage. Apple had previously been rumored to be planning to drop the price of the current iPad 2 by at least $100 following the launch of the iPad 3, which is expected to include a high-definition 2,048 x 1,536-pixel display, a quad-core A6 processor, embedded 4G LTE and a slightly thicker case.

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Zach Epstein has worked in and around ICT for more than a decade, 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. 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.