Apple Announces "The New iPad" with Retina Display

Tim Cook & Co. today introduced “the new iPad” - not the iPad 3, not the iPad HD, as some have speculated.

Described as “the third generation of its category defining mobile device,” the new iPad features a stunning Retina display, a new A5X chip with quad-core graphics, a 5 megapixel iSight cam with advanced optics and 1080p HD video, 4G networking on AT&T and Verizon, and the longstanding 10 hour battery life.

Philip Schiller, Apple’s senior vice president of Worldwide Marketing, said: “The new iPad redefines the category Apple created less than two years ago, delivering the most amazing experience people have ever had with technology.”

The new iPad will be available in black or white on Friday, March 16. Visit Apple’s web site here for a breakdown of the new stuff crammed inside “the new iPad”.

Cupertino also confirmed that, beginning today, the iPad 2 will be offered at just $399.