This will be the first time that Jobs, who died last October after a long battle with pancreatic cancer, will not host an iPad launch.
The event will kick off at 10 a.m. PT, and wrap up an hour or so later.
Most experts believe the iPad 3 will feature a higher-resolution screen, a faster processor -- perhaps Apple's first quad-core -- and more internal memory. They have been split on whether the new tablet will support the faster LTE data networks like those now being deployed in the U.S. by Verizon and AT&T.
In an interview two weeks ago, Aaron Vronko, CEO of Rapid Repair, a repair shop and do-it-yourself parts supplier for the iPhone, iPod and iPad, said, "I'd be extremely surprised if the iPad 3 didn't support LTE," adding that because tablet users consume even more data than smartphone users, the faster speeds will be important as Apple faces competition from Android-powered tablets.
Verizon offers LTE in 195 U.S. markets, while AT&T boasts coverage in just 26 cities.
Apple has not said anything about the price of the new iPad -- some recent rumors have claimed it will cost about $80 more than current models -- when it will go on sale or even the official name of the tablet.
Prices, on-sale dates and naming aree likely to be disclosed March 7.
Apple today announced it will host an event March 7, when it will likely unveil the next iPad. (Image: Apple.)
Gregg Keizer covers Microsoft, security issues, Apple, Web browsers and general technology breaking news for Computerworld. Follow Gregg on Twitter at @gkeizer , on Google+ or subscribe to Gregg's RSS feed . His email address is email@example.com .
Read more about macintosh in Computerworld's Macintosh Topic Center.