The New iPad hits stores March 16

After months of speculation, Apple unveiled the “new iPad” at a press conference today featuring a 9.7-inch retina display. The device’s high-resolution display has a resolution of 2,048×1,536, or a whopping 3.1 million pixels. The new iPad also has an updated processor and is the first Apple device to connect to 4G LTE services offered by carriers, including AT&T Inc. and Verizon Wireless.

Weighing 1.4 pounds, the new iPad will be slightly heavier than the iPad 2 but will still have a generous 10 hour battery life. The new iPad includes similar features as other Apple devices like the iPhone 4. The iPad features a backside 5-megapixel camera that allows for 1,080-pixel video recording and image stabilization.

The new iPad will start at $499 for Wi-Fi only model which had been the same starting price as the previous model. Models capable of 4G speeds will start at $629, not including service plans.

While I am excited to the see the new iPad up close, today’s press conference also shows Apple isn’t immune from competition. Apple also stated it will continue to sell the iPad 2, at a reduced starting price of $399, making it more competitive with the lower-priced devices on the market such as Amazon’s Kindle Fire.

The new iPad will be available starting on March 16 in the U.S., Canada, U.K., France and Germany

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