Apple (NASDAQ:AAPL) is rumored to be working on another iPad, and is looking to launch it before the end of the year, according to report in Taiwan’s Economic Daily. The iPad 3 will have a 7-inch touchscreen with an image resolution "five to six times greater" than the iPad 2. The Economic Daily correctly predicted some of the specs of the original iPad ahead of its launch. Shares of Apple are 0.36% lower in the pre-market session at $331.16.