As the iPad 4 is launched last year. Now there are news from various sources that Apple is preparing to lauch an iPad 5 with 128 GB memory.
It is said that it will be having the Retina Display
It will be the 4th generationg iPad
It will come in both white & black colors
It will have WiFi only and WiFi+Cellular models
It will have 16GB,32GB, 64GB and there are also clues in the developers code pointing that there will be a 128GB model
Lets wait & see for it.