One new report indicates that a larger-capacity iPad could ship sometime in the next few months.
Time was when Apple released a new tablet computer every year. The original iPad was followed roughly 12 months later by the iPad 2 and a year after that came the "new iPad," otherwise known as the iPad 3. But last year, Apple upended the annual schedule, and launched the fourth-generation iPad the same year as the third-generation iPad. We say all of this as a kind of pre-amble to the news today that Apple is preparing some kind of "Ultimate iPad."
According to 9 to 5 Mac, which cites SKUs obtained from a "high-profile US retailer," the "Ultimate iPad" may simply be a 128GB version of the current iPad – in other words, not a completely redesigned iPad, but an iPad with a colossal amount of memory. (The largest iPad currently gets "only" 64GB.)