Report: Apple feeling no pressure to rush out iPad 3

Remember that talk about a third-generation iPad coming out this year? Well, don't start queuing up outside your local Apple Store just yet. According to J.P. Morgan analyst Mark Moskowitz, who was quoted by AppleInsider, Apple isn't feeling strong competitive pressure and shouldn't have a new iPad out until some time next year.

Moskowitz says Apple has multiple prototypes of the third-generation device in the supply chain. However, he adds, "The other tablet entrants have stumbled so far, and that trend-line could persist deep into 2012. . . . Until we see how Amazon fares, we think the next potential threat to Apple's tablet dominance is not until late 2012 when Windows 8-based tablets could hit the market."

The tablet market has gotten more crowded this year as Android tablets have started popping up in stores, but Apple remains top dog by far. In fact, AppleInsider says IDC's market share numbers suggest Apple took share away from Android tablets in the second quarter, leaving it with a 68.3% slice of the global tablet market.

The first iPad came out in April 2010, and the iPad 2 debuted in March of this year. If Apple decides to ignore Android tablets and stick to its normal release cycle, we might see the third-gen iPad next spring. Previous stories tell us the iPad 3 could have a high-resolution, 2048x1536 display.

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