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In the first product release following the death of Steve Jobs,
Apple Inc introduced the third version of the iPad and an updated Apple TV on Wednesday in San Francisco.
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The new iPad will sport a high-definition display,
run a faster processor and work with LTE wireless networks.
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Apple is likely to slash the price of the existing model from $499.
The company has cut the price of older models to attract bargain.
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iPad 3 has a super high-def 'retina' display, 4G, a better camera, and voice dictation.
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iPad 3 doesn't depart much from it's predecessor, which is probably the biggest disappointment. Apple's user interfaces (UIs) remain clean and relatively good.
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The Retina display on the new iPad features a 2048-by-1536 resolution,
44 per cent greater colour saturation, and an astounding 3.1 million pixels - in the same 9.7-inch space.
That's four times the number of pixels in iPad 2 and a million more than an HDTV.
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The A5X chip with quad-core graphics drives four times the pixels of iPad 2 yet it delivers the same smoothness and fluidity iPad is known for.
Even with all that extra oomph, the new iPad still gets an amazing 10 hours of battery life.
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The new iPad features Apple's 5-megapixel iSight camera.
Designed with advanced optics, it lets you shoot gorgeous photos and 1080p HD video.
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Now for the first time, you can share the high-speed data connection on your iPad.
If your carrier supports it, iPad can act as a personal hotspot for connecting up to five devices -
such as a MacBook Air, an iPod touch, or another iPad - over Wi-Fi, Bluetooth, or USB.
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The new iPad supports fast cellular networks the world over - up to 4G LTE.
So you can browse the web, stream content, or download a movie at blazing-fast speeds.
It also works on GSM/UMTS worldwide network technologies.
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The new iPad offers the most comprehensive support for fast networks around the world.
It is designed with two cellular antennas tuned to 12 different bands that access a larger frequency spectrum.
That means you can travel almost anywhere in the world and get online.
In iPad with Wi-Fi + 4G models, if you want a local connection when you're traveling, just pop in a local SIM card.
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In India, the tablet is likely to be launched in a few months.
Apple TV, on the other hand, will be available on March 16 in the US for a suggested retail price of $99.
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