Earlier this month, it was revealed that the iPad 3 will be announced on March 7th. I’m excited, are you? The report that came out claimed that the iPad 3 will include a 2048×1536 Retina display as well as a quad-core A6 processor and “possibly” 4G LTE networking. My thoughts regarding what we can expect with the iPad 3 can be read here.

Today, it has been discovered that Best Buy is now offering  $50 discounts across the entire line of iPad 2 models, which would further signal that an iPad 3 launch is imminent. Now the price of an iPad 2 starts at $449.99 for the 16 GB Wi-Fi model.

In addition,  Engadget reports that Best Buy has begun updating its internal inventory management systems to reflect a “deleted” status for iPad 2 models. However, it should be noted that Best Buy does not have advance notice of new Apple products, especially those that appear to be part of a major media event. MacRumors also points out that Best Buy isn’t the only one reducing iPad 2 prices.  Grocery and retail store chain Meijer earlier this month offered the entry-level iPad for $429, a $70 discount from the regular retail prices.