Phil Schiller made sure to mention the A5X processor found in the new iPad performed 4x better than NVIDIA’s Tegra 3 chip. With a quad-core GPU, the new chip was also said to boast twice the graphics output compared with the iPad 2.

Even though the specs of the new iPad had been documented by Apple upon the launch on March 7th, it’s almost impossible to gauge the true performance of the new hardware until it’s unboxed, charged-up, and pitched against other, similar products on the market.

While we all sit in anticipation, calendar watching until the reported Apple media event in early March to finally see what technical goodness the new iPad 3 will hold, we have to make do with the rumor mill offerings which as we all know could prove to be totally accurate or could be as far removed from reality as is humanely possible. When it comes to speculation and conjecture, the iPad 3 has been no different to any other Apple hardware launch, with the world wide web buzzing on a daily basis with new reports on what we can expect next month.