Apple rolled out a latest version of the iPad on Wednesday. The new high-definition iPad sports an advance technology that will be capable of operating on a high speed 4G “Long-Term Evolution” (LTE) network. It seems 10 times faster than the current 3G technology.

the New iPad

Image Credit: cnn.com

“We’ve taken it to a whole new level, and we are redefining the category that Apple created with the original iPad”, says Apple CEO Tim Cook.

The new iPad’s hardware is notably enhanced, with an impressive retina display, better camera and faster processor.

The company said it will continue to sell the iPad 2 but dropped its price by $100. The older tablet now starts at $399 while the new third-generation wi-fi only iPad starts at $499.