If you’re planning to purchase an iPad, hold off a bit and wait for a few more days. As reported by All Things D, Apple will host an event on March 2 to unveil the next generation of iPad, currently known as iPad 2.

The new iPad is expected to be thinner and lighter. It’ll possibly come with improved processing power, a better screen, more RAM and storage, as well as, front-facing camera for FaceTime video chat support. Some reports suggested the iPad 2 will even be powered by one of Qualcomm’s multimode chips and will run on both GSM and CDMA-based networks around the world. All these features are just speculations without any confirmation from Apple. Let’s wait for a week more to find out what Apple bundles in the iPad 2.