Analyst: iPad 3 is on the horizon

This product image provided by Facebook shows the Facebook application as shown on an iPad screen. Facebook is releasing an updated version of its iPhone application on Monday afternoon, Oct. 10, 2011, one that's also designed to fill out the larger screen of the iPad. Like the previous iPhone version, it's free. (AP Photo/Facebook)

With the iPhone 4S arriving at market today, the never-sated Apple rumor mill is clamoring for more grist. And, as always, there’s plenty of it to be had, this time involving the iPad 3.

According to Susquehanna Financial analyst Jeff Fidacaro, the device is headed into production.

Supply chain checks suggest to Fidacaro that Apple is ramping up its fourth-quarter iPad builds to between 12 and 14 million, from between 11 million and 13 million. And, importantly, that upward adjustment is due in part to an early iPad 3 production run.

Full Story: iPad 3 Headed into Production