Apple Announces iPad 2

Apple's iPad made a pretty big splash when it hit the market last year (15M sold in 2010). It arguably brought tablets to the mainstream consumer market despite claims from many that it was nothing more than a large iPhone/iPod touch. Apple has laughed all the way to the bank as iPad sales have ballooned to make it one of the most lucrative segments of its business ($9.5B in revenue for 2010). Steve Jobs announces the iPad 2 in San Francisco.
Today, Apple is looking to build upon the success of its first generation tablet now that the competition is finally catching up (see Motorola Xoom) and none other than Steve Jobs was on hand to announce the iPad 2. Although Apple Store is still down.


Features:
  • Dual-core A5 processor which is supposedly 2x faster than the previous generation A4 while keeping the same power profile
  • Graphics performance is up to 9x faster than the first generation iPad
  • 33 percent slimmer profile (13.4mm cut down to 8.8mm) with tapered edges and a flat back
  • Weight is down to 1.3 pounds from 1.5 pounds
  • Dual cameras (rear and front-facing)
  • Built-in gyroscope
  • Battery life stays the same at 10 hours
  • It will be available in both black and white 
  • In a move that was foreshadowed late last year when Verizon began selling iPads bundled with its MiFi portable hotspots, the iPad 2 will work on both Verizon and AT&T’s wireless networks.

Pricing for the iPad 2 stays the same as before (starting at $499) – storage capacities also haven’t budged (16GB, 32GB, 64GB).

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