iPad3.com was registered in January 2010 and is currently owned by a company called Global Access in Isle of Man. Global Access is no stranger to cybersquatting complaints, having lost challenges by big companies such as AllState, AOL, an MasterCard.
The domain name is currently parked. Its traffic is rotated to various domain parking services with Above.com.
The report notes that Apple still does not own the basic iPad.com domain name, but while the site has hosted a "coming soon" notice for quite some time it appears that the site's current owner is not simply cybersquatting on the domain.
Last month, Apple filed a complaint seeking to gain control of iPhone5.com, taking possession of the domain a few weeks later before WIPO was required to render a decision on the dispute. As shown with Apple's efforts to obtain iPad3.com, its work to control iPhone5.com may not serve as evidence that the company is planning to call its next-generation device the "iPhone 5" and may simply be an effort to control its brand.