The third-generation iPad, also known as “the new iPad,” is suddenly old. It’s been discontinued in favor of the 4th-generation model announced yesterday in San Jose, California, and you can grab one as a refurb now via Apple's Special Deals area on its web store.
Upgraded with a more powerful A6X processor, higher-resolution cameras, a new docking standard and new wireless capabilities, the full-size 9.7-inch iPad is now at its fourth generation, months ahead of the expected annual refresh.
Apple didn’t say why, but apparently the upgrade was necessary. There have been some issues reported with the iPad 3, such as overheating, and poor Wi-Fi connectivity, making these culprits just two of the possible reasons behind the company’s decision.
Since the iPad 3 is now officially phased out, Apple is selling refurbished units
at considerable discounts via its Special Deals section.
Also worth noting, it appears that the Cupertino giant is no longer stocking first-generation tablets. About time, considering its aging hardware.