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Apple’s Next-Generation iPad Event in San Francisco on March 7

Apple has announced an event on March 7, 2012 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.

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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