More indication that the iPad 3 is coming: Best Buy drops iPad 2 price by $50

National electronics retail chain Best Buy has dropped the price of Apple’s iPad 2 tablet computer by $50 on all models today.

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The timing of Best Buy’s sale may be yet another indication that the world’s most valuable company is getting ready to announce the iPad 3. The iPad 3 is rumored to be released on March 7, as VentureBeat previously reported.

The news doesn’t necessarily mean that an iPad 3 is definitely coming, but it would make sense for Best Buy to try to clear its stock of iPad 2s sitting on shelves at retail stores. Others like Walmart and Target continue to sell the current model iPad at regular price ($499-$799), which might be because they have fewer in stock.

The new iPad is expected to have some nice upgrades over the previous model, including a new faster quad-core A6 processor, high resolution Retina Display, an improved camera, and possibly LTE 4G-ready. The iPad 3 is also rumored to be about 1-1.5mm thicker.