“Apple Inc.’s suppliers are preparing to manufacture the company’s largest-ever iPad, with production scheduled to commence by the first quarter of next year, according to people with knowledge of the matter,” Tim Culpan, Adam Satariano and Ian King report for Bloomberg.

“The new iPad will have a screen measuring 12.9 inches diagonally, said the people, who asked not to be identified because the details aren’t public,” Culpan, Satariano and King report. “Apple currently produces iPads with 9.7-inch and 7.9-inch displays. The Cupertino, California-based company has been working with suppliers for at least a year to develop a new range of larger touch-screen devices, said the people.”

“Apple’s suppliers recently started manufacturing an updated 9.7-inch-screen iPad, and were also set to enter production of a new version of the iPad mini, people familiar with the plans have said, with the devices set to be available later this year in time for the holiday season,” Culpan, Satariano and King report. “Potential customers for larger-screen iPads are businesses, where the device could take on more tasks of a traditional laptop computer. In July, Apple unveiled a partnership with International Business Machines Corp., and Cook said part of the pact’s rationale was to sell to corporations so they could ‘be a catalyst for future iPad growth.'”

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MacDailyNews Take: MaxiPad™! Bring it on – we’ll be first in line!