When Apple rolls out the iPad 3 this year, the entry level iPad 2 could drop in price to US$299, reports DigiTimes Research (http://www.digitimes.com), quoting unnamed “sources from Apple’s supply chain.”

The report says there wll be two versions of the iPad 3, one targeting the high-end segment and the other the mid-range. Digitimes Research believe the two new iPad models will both be equipped the A6 processor with high-end model coming with a high resolution panel (2048×1536) and the mid-tier model featuring the same grade of panel as iPad 2 (1024×768).

DigiTimes Research says that, with the iPad 2 (which will remain available alongside the iPad 3), the Apple tablet may cover all price segments — from entry-level to high-end. For Wi-Fi only models, $299, $349 and $399 pricing “may all be possible,” the report adds.