An analyst’s note this week says we’ll see a dual-core processor in next year’s iPad 2 model. 

"Apple is on track to refresh the iPad by March and iPhone by late summer. A key component upgrade across these platforms will be a dual-core processor featuring a pair of 1GHz ARM Cortex A9 cores," according to a research note released on Thursday by Ashok Kumar, an analyst at Rodman & Renshaw.

This is one iPad 2 rumor I really (really!) hope is true. A dual-core processor is a major upgrade and should allow for much greater multitasking possibilities and for running more and more powerful apps and games on the iPad. I think dual-core plus an upgrade to 1GB of RAM are virtually a must to keep the iPad on a par with / ahead of rival tablets next year.

Rumor Source: CNET via everythingiCafe