Several hardware manufacturers are saying that they will have a 7" to 10" Android tablet "in early 2011." The companies are waiting for the 3.0 release of the Android OS, called "Honeycomb" by Google. 3.0 contains more features useful when running a tablet. Improvements include support for more pixels on the screen, the ability to run multiple windows on the screen, a desktop layout that takes advantage of more screen real estate, and a software developers kit designed for tablets.
"Honeycomb" is supposed to be released in March, so the manufacturers will start the wheels turning in March and April.
So Apple has a choice: Release the 2.0 version of the iPad in February, before the avalanche of news about the new Android 3.0 devices, or wait until late April, the one year anniversary of the original iPad release.
If they wait, they run the risk of being labeled as a "me-too" product that copied some Android features. I doubt Apple wants that.
So I'm predicting that the iPad 2, with new screen, slightly slimmer dimensions, at least one built-in camera, and possibly a dual core processor, will appear in February. I think the original iPad will continue to be sold, with a price reduced by about $100 or so.
What's your view?