|The new iPad - Pad 3($499+) announced today, which has a screenstunning Retina display(2048 x 1536 resolution, better color saturation) and powered by a high performance A5X chip with quad-core graphics. And the new Pad will feature 4G LTE connectivity (available on Verizon and AT&T in America). Other features include a 5MP rear camera with 1080p HD video recording capability, 10 hour battery life. It comes in 16GB, 32GB, and 64GB capacities. It will be available on March 16th. Price of the 16GB iPad 2 is drop to $399.