Chronic Dev team and the iPhone Dev team has released Absinthe 2.0, the untethered jailbreak for iPad 3, iPad 2, iPad, iPhone and iPod Touch. In this guide, you’ll learn how to jailbreak new iPad 3 on iOS 5.1.1 with Absinthe 2.0 jailbreak.
Before starting the iPad 3 jailbreak process with Absinthe 2.0, it is recommended to backup your personal stuff first. Make sure to backup your new iPad 3 data via iTunes. To do that, connect your new iPad 3 to your computer and open iTunes. Right-click on your device in iTunes and click Backup.
Remove Passcodes or VPN settings (If previously set).
Now go to Settings > General > Reset > Erase All Content and Settings.
This step will make the jailbreak process speedy and trouble-free.
Execute the Absinthe 2.0 jailbreak and connect your iPad 3 to your computer via USB cable;
As soon as Absinthe detects the connected device, hit the jailbreak button.
Absinthe will perform various processes on your iPad such as: beginning jailbreak, sending initial jailbreak data, sending final jailbreak data, waiting for reboot, and waiting for process to complete. The whole process is automated.
Absinthe will notify you as soon as the jailbreak process is completed. Now you can find the sweet Cydia icon resting on your New iPad 3 Springboard.
Have Fun with your newly jailbroken iPad 3 iOS 5.1.1