The iPad Air 3 has been the subject of rampant speculation over the last few months, and now, the rumors are saying that the tablet could be officially announced very soon.

To be more specific, the new tablet could reportedly be announced as soon as October, according to Bidness ETC. According to the web site, it makes sense for Apple to release the new tablet by then since it's logical to believe more consumers will be looking at it more closely as the holiday shopping begins in earnest. Releasing the iPad Air 3 in October could help ensure that plenty of people will be receiving it as a present on Christmas Eve.

Interestingly enough, many believe that Apple should have announced the iPad Air 3 by now if they are truly looking into launching it before the end of 2015.

According to Expert Reviews UK, Apple had developed a habit of renewing their iPad line on an annual basis, and that led many to speculate that the company's big September event would be the perfect time to unveil the new tablet. Alas, Apple concluded the showcase without uttering anything about a new iPad Air and that too has led to increased chatter that maybe the company is eyeing 2016 as the more suitable time to unveil their new tablet.

At this point, people waiting for the arrival of the iPad Air 3 have no choice other than to wait things out.

As for what they can expect from the new tablet, it will reportedly feature a new A9x chip, which is a step above the A8x chip found in the iPad Air 2. The new chip is expected to help with power efficiency among other things.

Other rumored features of the new tablet include wireless charging and even support for using a wireless mouse as well.

More news about the iPad Air 3 is expected to come out soon.