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iPad 3: Will Apple unveil an 8GB edition of its popular tablet?

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Reuters

(Read caption) Apple is expected to unveil the iPad 3 at an event in San Francisco next week. Here, the iPad 2.

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Next week, at a press event at the Yerba Buena Center for the Arts, in San Francisco, Apple will almost definitely take the wraps off a new iPad. Smart money is on a top-flight tablet with improved cameras, more powerful processors, and a high-resolution "Retina Display."

But according to one source, Apple is also prepping a bargain-priced 8GB iPad 3, which would compete with devices such as the Kindle Fire and Barnes and Noble Nook Tablet

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Apple currently sells three versions of the iPad 2: a 16GB unit for $499; a 32GB unit for $599; and a 64GB unit for $699.

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