This is the official upgrade to my previous iPad 2 post here: According to the Wallstreet Journal, the iPad 2 has now gone into production.

The new model is rumoured to be thinner, lighter and will sport a front-and rear facing camera, while the screen resolution remains the same as the current model. The device will be supposedly be powered by a multi-core Cortex A9 processor, have more memory and a built-in SD card slot. As far as the form factor goes: not much of change there – which I believe is a good thing.

The price point of the new device will be the same as the current model and it is going the arrive on AT&T and Verizon simultaneously in Q2 of 2011.

When the iPad hits the market, it will find itself in a slightly different setting than the first model and is likely to compete against Motorola, Samsung, HP and Palm where it had previously single-handedly dominated the market – well, actually created and defined it