Cantor Fitzgerald’s Brian White “theorizes that Apple’s upcoming iPad refresh, expected this quarter, will drive significant demand with a new design for the full-sized device,” John Paczkowski reports for AllThingsD.

“Supply-chain sources tell the analyst the so-called iPad 5 will be lighter and thinner than its predecessors, ‘a major upgrade’ of a form factor that hasn’t much changed in recent years,” Paczkowski reports. “[The next-gen iPad will likely be] enhanced with some powerful innards in Apple’s new 64-bit A7 chip.”

MacDailyNews Take: A7X.

Paczkowski reports, “‘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.'”

Read more in the full article here.