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Apple CEO Unveils Newest IPad

March 7, 2012 by staff 

Apple CEO Unveils Newest IPad, Apple Wednesday introduced a new iPad that, as expected, will have a sharper display, faster processor, voice dictation and the ability to tap into faster cellular networks. Apple CEO Tim Cook introduces the new iPad during an event in San Francisco.

The new iPad is “taken to a whole new level, and redefines the category Apple created with the original iPad,” said Apple CEO Tim Cook at a press event here.

As with the previous iPad, the new iPad starts at $499 with 16 GB of storage for a Wi-Fi model, or $629 to get cellular Internet access. It will be available on March 16.

The iPad, first introduced in April 2010, is the most successful tech product of the last few years. It has sold over 55 million units to date, andanlysts expect it to top 100 million by year’s end.

Apple is keeping iPad 2 in the lineup, dropping the price to $399 for the 16GB Wi-Fi version.

Ahead of the launch, there was much speculation about whether Apple would call the device “iPad 3″ or perhaps “iPad HD.” Instead, company executives referred to it simply as the “new iPad.”

The device’s new, faster processor is “four times” faster than the previous iPad, which means that e-mails, videos, photos and other programs will open much faster.

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