Since there was no iPad Air release and 2015, rumors are rife that the next version will be released by Apple this year.

However, there are has been no concrete release dates released by the Cupertino-based company until midpoint this year so speculations are afloat that Apple may simply discontinue the iPad Aid line and simply focus on iPad Pro.

According to a report of Mac World, a known source for all things Apple, the company's move to release the 9.7 inch iPad Pro which bore most of the specs earlier rumored to be for the iPad Air 3 was a confusing move since it effectively displaced the iPad from its line-up.

The site further noted that the MacBook Air's update last spring only added to the belief that Apple is not prioritizing the release of an iPad Air device anytime soon.

Based on rumors, what fans could expect from the device, should Apple get around to releasing it is faster processor, perhaps utilizing the latest processors being used by Apple devices.

The new device is also expected to have a better camera and 3D touch.

While some experts are hoping for an October release similar to its predecessors. Adding fuel to these rumors is the fact that its predecessor iPad Air 2 is slashing its prices.

A report by the IBTimes indicated that some EBay sellers are even selling the 128GB Apple iPad Air 2 Retina for $449.99 from an original price of $699.99.

While the seller describes the item as an open box item, it is still categorized as brand new with a one year warranty.

The report hinted that there is a seeming urgency to unload the stocks to perhaps accommodate new products, believed to be the new iteration of the device before the end of the year.