Shocking news of the day: Apple is preparing to announce the iPad 3. Crazy news, I know. That announcement, if AllThingsD is to be believed, should come in the first week of March. The next-gen tablet itself is reportedly an upgraded version of the iPad 2, featuring a dual-core CPU and a higher-resolution display. But then again, that’s to be expected. Of course the iPad 3 will have better specs than the year-old iPad 2.

Apple announced the iPad 2 in the same timeframe last year. Steve Jobs made a surprise return from medical leave to deliver the announcement. It was sadly the last Jobsnote. There’s no word who will take the stage and announce the iPad 3, though.

If this rumor doesn’t pan out, it’s still a safe bet that the iPad 3 announcement is right around the corner. Apple generally sends invites out two weeks in advance so the announcement could still happen this month.