Apple's iPad may gain some significant upgrades early next year, including dual cameras, a better screen, and sleeker form factors, according to a new report from ABC News.

Sources suggest that component suppliers are revving for a new round of production in the first quarter, though the verdict is still split as to whether it's a ramp-up for a new iPad or simply a new round of production for the original model. Considering the iPad was announced in January 2009 and launched in April, however, an update would fall in line with the company's practice of updating products at least once per year.

Plenty of possible goodies await. One source claimed that the tablet will gain both front- and rear-facing cameras. Module makers Genius Electronic Optical Co Ltd and Largan Precision Co Ltd are apparently launching supply deals with Apple, though plenty of ambiguity remains.

Another source suggested that the revamped model will also be slimmer, lighter, and boast an even higher resolution display, a la the iPhone's retina display.

All of this ought to good make for an even happier new year for the Cupertino-based colossus. Apple is expected to ship 13 million iPads this year and nearly three times as many in 2011. An aggressive update in the first quarter could help kick-start sales. For customers and potential customers itching to pull the trigger, there's no word yet on price or availability, so, for the time being, you'll have to look elsewhere for eye candy.