Most of the rumors we hear lately revolve around the upcoming release of the iPad 2. Now it seems that Apple may have a plan in the works to accelerate the iPad release schedule starting with a third generation tablet this fall. A pre-holiday release for the iPad 3 would align the device with the current iPod touch annual refresh.
Speculation and inside information from multiple sources including TechCrunch and Daring Fireball point to Apple's release schedule changing to insure competitors to the iPad don't have any time to gain a foothold in the market. The Wall Street Journal has confirmed the iPad 2 is already in production at Foxconn, although an announcement of the updated hardware has yet to arrive.