
Citing "people familiar with the matter," the Journal reports Apple's next generation iPad is "in production" and will be "thinner, lighter and will come with a faster processor, more memory and a more powerful graphics processor."
The Journal adds that it will have a "front-facing camera," but not the high-resolution Retina Display found on the iPhone 4: "the resolution of the new iPad's display will be similar to the first iPad," the Journal wrote.
Like the current version of the iPad, the iPad 2 will be available on Verizon and AT&T's networks.