Apple iPad 2 to host Retina display and 128GB storage

Camera and USB port also pegged for second-gen tablet

New features being prepped for iPad 2

Taiwanese component suppliers have reportedly informed a Wall Street analyst that the upcoming product overhaul to Apple’s market leading iPad tablet device will add a high-resolution 7-inch Retina Display, at least one camera and a storage capacity increased to 128GB.

Brian White of Ticonderoga Securities has claimed that sources close to Apple have informed him that the revamped iPad, expected to follow Apple’s annual product cycles and launch during the first quarter of 2011, will be replacing the current 9.7-inch model adding a “micro of mini USB” port in the process.

White, who predicts the new iPad could sell in excess of 45 million units during 2011, made no reference to an updated large screen iPad unlike recent reports from Goldman Sachs who declared that Apple was preparing two variably sized iPads for launch next year. White, who made reference to the inclusion of a camera on the next-generation Apple tablet failed to mention if the iPad 2 will feature the fruity tech company's FaceTime video calling technologies as suggested by a spate of recent rumours.

Whilst the addition of increased storage, camera, USB port and Apple’s stunning Retina display would appease many of the company’s tablet users, the potential loss of the device’s 9.7-inch screen would disappoint many and leave the iPad 2 lined up to compete directly against the likes of the recently announced Samsung GalaxyTab, due for launch on November 1st.

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