An excerpt from the note reads:
“We predict Apple (US) will launch new iPad 5 and iPad mini 2 (so called retina iPad mini) in 4Q13. As the tablet market becomes increasingly competitive, Apple could upgrade the camera as a selling point for the new iPad in a bid to increase competitiveness. We expect the upgrade will include 8MP rear camera, up from 5MP, and larger aperture. Lens module ASP will rise 10-20% on this optics spec upgrade.”
As mentioned by the analyst, the latest available iPads in the market at the moment, iPad Mini and iPad 4 , feature 5 megapixel camera, so a shift to 8 megapixel is going to be considered as the major improvement. However, the big news is that it is expected that they will include the same aperture as in iPhone 5s.
Apart from the camera upgrade, the iPad 5 is expected to get a new design, while the iPad Mini Touch is said to feature Touch ID and Retina display. Both iPads are also expected to run A7 chip variants.
Looks like Apple is trying to revamp its tablet line, which has lagged far behind the poster boy (iPhone) in recent years.