The March 7th Apple Media Event is an event the is going to be held in San Francisco in which Apple is expected to release a new product. It is widely speculated that the new product will be the iPad 3. Invitations On the 28th of Febuary 2012 Apple sent out invitations to a media event that will be hosted on March 7 2012. The invitations simply read "We have something you really have to see. And touch" Possible iPad 3 The invitations sent out have created wide speculation about a possible iPad 3 launch with many industry analysts predicting that Apple will unveil a new Tablet computing device at the event, This has caused lots of people to trade in their old iPad 2's and other tablet PC's in anticipation of the expected launch Reactions In reaction to these invitations being sent out the Apple stock price reached another record on the same day that the Dow Jones Index reached a closing figure of above 13000 for the first time since the Global Financial Crisis.