UPDATE, 12:10 p.m. ET: Apple has sent invitations to the event, which will be March 7 in San Francisco.
According to CNBC, Apple will reveal the iPad 3 at an event next week in New York City.
Sources reportedly told CNBC that the next-generation iPad will be a quad-core iPad 3 with 4G LTE. So far those are all the details available -- CNBC has yet to do more than tweet that information.
The Loop's Jim Dalrymple tweets that CNBC is wrong on the location. Dalrymple has an impeccable track record for correctly reporting Apple events and locations, so we wouldn't bet against him.
ALERT: Quad-Core iPad 3 with 4G LTE to be unveiled in New York next week. -Sources— CNBC (@CNBC) February 28, 2012
CNBC’s @jonfortt reports Apple product launch slated for next week & key location will be NYC. (1/2)— CNBC (@CNBC) February 28, 2012
Clarification to earlier tweet: iMore blog reports Apple to unveil quad-core iPad 3 with 4G LTE next week. (2/2)— CNBC (@CNBC) February 28, 2012
For more iPad 3 speculation, check out the slideshow below, which shows images of what could be the next-gen iPad.
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Christina Warren contributed to this report.