Apple have said that the secret to their success was to strip back the number of products they offered. With the introduction of the iPhone 5c and the iPhone 5s, along with all the mobile variants of those models for the various networks, the number of products in their inventory has increased considerably. Now I wonder whether Apple would limit the number of products for the iPad line or whether they'll have to offer so many variants to remain competitive?
Personally, I'd prefer to see one wifi and cellular model for the iPad 5 and the but I suspect Apple would prefer the increased margin of the cellular models and the lower price point for the wifi only models.
Maybe a 16GB entry model with wifi & cellular at $549 would seem perfect. Can cut out 8 model configuration to a 4 model configuration with pricing like $549, $649, $749 and $849 ( 16, 32, 64 or 128GB)