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Kuo has a pretty good record with Apple product reports, but his timing is often off.
In the report, Kuo says the iPad Air and iPad Mini with Retina display will both get a faster processor called the A8 and the Touch ID fingerprint sensor that lets you unlock the device without a passcode. He also says the overall design of the new devices will be the same.
The new iPads are expected to launch in the fall.
Finally, Kuo mentions the so-called iPad Pro, a rumored 13-inch iPad that Apple insiders have been chattering about for months. Kuo says the device likely won't launch until March 2015.