Apple has to know exactly what is going on, as an engineer myself working in technology development in wireless, I can assure you that this is more of a financial issue to them. My guess is that newer chipsets the wireless chipsets or WIFI/BT antenna are the issue, though perhaps a bandaid fix through firmware or software might help to reduce the problem somewhat, lower level in wireless power setting or rescan timing. WIFI and Bluetooth can and do interfer with each other but good designs would not have allowed this to happen.
I Also have the same streaming audio cut out issue there. I decided to do some testing to define this issue and find out what is actually going on. As a Wireless engineer, I do have RF Test Equipment and also used it in tesing and have nailed down what I think is going on.
It is an issue related to WIFI 2 Gig wireless. interference with Bluetooth which also operates at 2Gig wireless.
Ipad 2 or newer have 2Gig and 5Gig WIFI
Iphone 5 also has 2Gig and 5Gig WIFI
Ipad 3 and Iphone 5 both impaced by audio dropouts when ONLY using 2 Gig WIFI streaming Bluetooth audio.
Dropouts measured exactly every 2.03 min. and appears to correlate to Apple Ipad3 and Iphone 5 device WIFI rescan searching for new WIFI channels.
Tests using WFI on 5Gig WIFO worked perfectly no problems were encounterd on Ipad 3 or Iphone 6
No issues were found with Iphone 3GS or Iphone 4 even though these units only have 2Gig WIFI though they have have a different chipset.
*** Tests using WFI on 5Gig WIFO worked perfectly no problems were encounterd.
*** 2Gig WIFI and Bluetooth (also 2Gig) interference new chipsets impacted by RF Interference.
Customers deserve better - Apple needs to do something to resolve this problem... suggest ALL contact and complain. When I contacted APPLE got esculated to 3rd level manager, though all were polite, all were no at the technical level they need to be supporting the product. None that I talked with had any idea or clue of what 5Gig WIFI was or even if the Ipad or Iphone had that capability. 2Gig or 5Gig WIFI they had no idea.
Bluetooth device used for testing
Logitec Bluetooh adapters (used 2)
Generic Branded adapter (used 1)
Paradigm Bluetooth adapter (used 1)
My test devices were
Asus RT66U / 2Gig & 5Gig WIFI bande both on air
IOS6 Ipad 3 WIFI only using 2Gig and 5Gig bands
IOS6 Iphone 5 / AT&T / WIFI using 2Gig and 5Gig bands
IOS6 Iphong 4 /AT&T/ WIFI 2Gig
IOS6 Iphone 3GS / AT&T / 2Gig Band
Asus RT66U router using 2Gig & 5Gig radios tested with WPA2 / WPA / OPEN security settings