Apple plans new-generation iPad event

Apple Tuesday announced an event March 7 that may see the introduction of the company's next generation of iPad tablet computer.

The event will take place at the Yerba Buena Center for the Arts in San Francisco, reported Xinhua.

According to a report by the San Francisco Chronicle, an Apple invitation to the event read that "We have something you really have to see. And touch".

The highly-anticipated new iPad is expected to have a faster processor, improved graphics processor and a high-definition retina display.

In the company's fiscal year of 2011, Apple sold 32 million iPads. It has sold more than 55 million units of the tablet computer since its debut in 2010.

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