Recapping Today’s Apple Event, Featuring the New iPad

This morning, Apple hit the stage at the Yerba Buena Center for the Arts to unveil the new iPad and upgraded Apple TV. The new iPad features a high-resolution Retina display, dual-core A5X chip with a quad-core graphics processor, 5-megapixel camera with 1080p video recording, compatibility with 4G LTE cellular networks, Siri voice dictation for speech-to-text, and the release of iPhoto for iPad and updated iLife and iWork app suites to boot.

The tablet, which Apple has simply named “iPad,” will be available on March 16th in the United States, Canada, United Kingdom, Australia, and several other countries. Pre-orders are already being accepted by Apple online. Price-wise, the new iPad ranges between $499 and $699 for the Wi-Fi models. The new Wi-Fi + 4G units will sell for between $629 and $829. Both models are offered in 16GB, 32GB, and 64GB capacities. Apple has also slashed the price of the iPad 2 in 16GB to just $399 to better compete with the low-priced Amazon Kindle Fire and Barnes & Noble Nook Tablet.

The latest iPad will launch with the new iOS 5.1 software update released earlier today, coinciding with the release of iTunes 10.6. If you plan on purchasing the third-generation iPad, which we’re curious to find out, you might want to think about investing in the new AppleCare+ for iPad warranty program that protects your tablet from up to two incidents of accidental damage. As always, Apple has posted the official media event video on their website for your complete viewing pleasure.

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