“As Apple has scheduled an event on March 7, sources from its upstream supply chain pointed out that the company is expected to launch two iPad 3 models – a 16GB version and 32GB version,” Aaron Lee and Joseph Tsai report for DigiTimes.

“In addition to iPad 3, Apple is also expected to unveil an 8GB iPad 2,” Lee and Tsai report.

Read more in the full article here.

In a related article today, Max Wang and Joseph Tsai report for DigiTimes, “With Apple reportedly set to release an 8G iPad 2 at a price range between US$349-399, it should place even more pressure on non-Apple tablet PC players.”

Read more in the full article here.

MacDailyNews Take: Most people, if we had to guess, would find that 32GB is more than enough. Sure, there will always be some (but maybe not enough in Apple’s eyes) who want to take as much of their media as possible with them. Maybe Apple learned something about customers’ buying/usage habits with the first two iPad models that precludes the need to produce an iPad larger than 32GB? iCloud, iTunes Match, etc. also help, of course.

Imagine if Apple could hit $299 for the 8GB iPad 2 model; forget about baths, the streets themselves would run red with the blood of Apple’s roadkill.