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iPad 3 Next Month: AllThingsDigital
As a result Apple Thursday hit an all-time high, teasing the magic $500 number, with a closing price of $493.17

Apple is going to launch the iPad 3, or whatever they call it, the first week of March at a special event in San Francisco according to AllThingsD, a prophecy the punters regarded as being as good as a statement from the company.

As a result Apple Thursday hit an all-time high, teasing the magic $500 number, with a closing price of $493.17, up from $315 last June, after seeing $496.75 during the day.

The blog figures street availability a week or so later.

The dingus, the same size as the iPad 2, will reportedly be built on a way faster chip with improved graphics and a 2048×1536 Retina Display - "or something close to it," the blog said.

Some presume the thing will have a longer battery life. Amazon would probably like to know if Apple will cut the price of the iPad 2 to compete with the $199 Kindle Fire. Of course all this speculation could hurt iPad sales for the next month. It happened in Apple's Q4.

Apple passed Exxon a couple of weeks ago as the most valuable American company with a current market cap of close to $460 billion, worth a six-degrees-of-separation $60 billion more than the oil company.

The Wall Street Journal says at least one prediction has it seeing $665, another 35% gain, with iPhone 5 and the iTV.

About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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