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The sometimes-reliable DigiTimes reports that Apple is planning to launch a new 8 GB iPad 2 model next week alongside the iPad 3



From MacRumors:
Today's report also claims, however, that Apple will be introducing 16 GB and 32 GB models of the iPad 3, making no mention of a 64 GB version or even a potential 128 GB version that some users have been hoping for. Both the original iPad and the iPad 2 top out at 64 GB, and even though Apple is trying to encourage adoption of its iCloud service to allow users to freely download content on-demand, a reduction in maximum capacity would be a very odd decision for Apple. With the iPad 3 expected to carry a 2048 x 1536 "Retina" display with four times the pixels of the iPad 2, the device would be capable of handling higher-resolution video and app content, which would obviously require larger file sizes.As Apple has scheduled an event on March 7, sources from its upstream supply chain pointed out that the company is expected to launch two iPad 3 models - a 16GB version and 32GB version.
  8 GB iPad 2 Coming Alongside 16 GB and 32 GB iPad 3 Next Week?