New iPad Could Drive Big Upgrade Cycle - John Paczkowski - Mobile - AllThingsD

I remain hopeful we'll see "iPad 5" news within the next 2 - 3 weeks

"“Given our research in Taiwan over the past few days, we believe the iPad 5 has the potential to be a significant iPad upgrade cycle,” White explains. “[Since] Apple did little in the way of changing the look and feel of the past couple of iPad iterations, we believe Apple’s sizable installed base, with 155 million iPads shipped through 3Q:FY13, is ready to purchase a new full-sized iPad.”
White stopped short of offering a prediction for iPad sales following the debut on a new device (or devices). But the longtime Apple bull did raise his target on Apple shares in support of his theory. His new price: $777."

New iPad Could Drive Big Upgrade Cycle - John Paczkowski - Mobile - AllThingsD