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IPad HD expected to have faster chip, sharper screen

IPad HD is set to debut. Apple will introduce its new iPad HD at a press conference Wednesday.

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Grant Beacon Middle School student, Jeriah Garcia, 13, works out an algebra problem on his school-supplied iPad in class at Grant, Colo. Apple is expected to reveal a new iPad HD on Wednesday, March 7, 2012, a device with a sharper screen, a faster processor and an option for faster wireless broadband.

Andy Cross/The Denver Post/AP/File

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Apple is holding an event Wednesday in San Francisco, and has hinted that it will reveal a new iPad model. Rumors speak of an updated tablet with a speedier processor, a sharper screen, and a new iPad HD name.

If last year's launch of the iPad 2 is any guide, the new iPad model will go on sale in the U.S. next week, likely on Friday.

The upgrade from the iPad 2 to the iPad HD will be less significant than the upgrade from the original iPad to the iPad 2, which added two cameras while cutting both the thickness and the weight of the device.

One big unknown is whether Apple will keep the iPad 2 in production and offer it at a lower price, like it kept the iPhone 3GS after the launch of the iPhone 4.

Another big question is whether Apple will reveal its rumored foray into making TV sets. Some have speculated that the invite to the Apple event, which said "We have something you really have to see," points in that direction.

Apple already sells and "Apple TV." It's not a TV, but a small box that attaches to a television set to display movies and play music from iTunes.

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