According to a new report from Macotakara, the iPad 5 will be coming out in March 2013 which will mean the iPad 4 will have the shortest life cycle of all Apple iPads so far.

As far as rumored specs on the iPad 5, it looks as though the device will be going for a slimmer design, likely because Apple has seen the success of their iPad Mini.

Unfortunately no rumors have really come out about an iPad Mini 2 so far, but we will keep you posted!