As expected, Apple on Tuesday announced an event to show off the company’s next generation iPad.  The event will take place at 10:00 am on Wednesday, March 7, 2012 at the Yerba Buena Center for the Arts in San Francisco.

While nobody knows for sure what changes the iPad 3 will have, it is widely expected the device will have a faster processor, improved graphics processor and a Retina Display.

All of us here at Kid Friday think that the iPad 3 will be released VERY soon after this announcement.  We’re sticking by our March 9th prediction for release in the U.S.

via Apple announces iPad event for March 7 in San Francisco.