The plot thickens. The iPad 3 will likely have a retina display and it is likely made by Sharp.
Based on the latest rumors, Apple will unveil the new iPad 3 early next month and it will have a Retina Display as the main new feature. Photos of the alleged retina display part for the iPad 3 leaked last week along with a back panel. Now iLab (via 9to5Mac) has compared the leaked parts and they fit making it a bit more likely that the leaked parts are legit. They still could though be from an early prototype and not the final parts for the upcoming iPad 3.
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Without a Retina Display, I do not see a reason to release a new iPad. Only a 9.7-inch display with 2,048x1,536px is a major step towards holding a paper magazine in your hand and not a tablet. With the display upgrade Apple is also seen upgrading the two cameras in the iPad 3. The higher resolution requires a faster CPU and also a bigger battery.
We do not expect any other major improvements in the new iPad 3.