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According to rumors Apple is reportedly working on an improved A5 chip as well as a brand new A6 offering. This comes as part of the speculation on what the reported Apple media event due to take place in early March will bring. This media event will let everyone know what the new iPad 3 is gong to hold and many think that Apple could be planning more.

A large number of the rumors around the iPad 3 seem to be in agreement that it will feature retina display and have an improved rear camera. Over the past couple of days there has been disagreement over the processing power that the new iPad 3 will have. Some say it will be the quad-core idea whilst other believe that Apple will stick with the current A5 offering as a base but improve on the existing chip by possibly adding an improved graphics engine.

If these latest reports are to be believed, Apple could be planning a double barrelled approach by improving the A5 chip and developing an improved quad-core processor which is likely to be called the A6. 9To5Mac are reporting that the A5X chip is a halfway upgrade between the current a5 model and the next model which will be the Apple A6. Evidence has also been found within the iOS 5.1 beta releases that points to Apple working on the S5L8950X and S5L8945X model numbers which would seem to point to two individual processors with the current A5 model being the S5L8940x number.

The fact that two separate processors are being worked on by Apple will be enough to produce plenty of rumors and possibilities but if this is what is happening then logic reasoning would point to the fact that the A6 chip would be used in the new iPad 3 while the A5X processor could be used in the revamped Apple TV set top box. As with all rumors this is just speculation and it could be that Apple is deciding which processor to use. Only time will tell and we are all waiting anxiously for the March media event to see which rumors are in fact true.

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