As expected, Apple on Tuesday announced an event to show off the company’s next generation iPad. The invitation, sent to me by Apple, says the event will take place at 10:00 am on Wednesday, March 7, 2012 at the Yerba Buena Center for the Arts in San Francisco.

While nobody knows for sure what changes the iPad 3 will have, it is widely expected the device will have a faster processor, improved graphics processor and a Retina Display.

I will be at the event and will publish a live update on The Loop.