Apple Inc (NASDAQ: AAPL) CEO Steve Jobs surprised investors by taking leave off his medical leave to announce the new iPad 2. The new iPad is packed with hardware, such as 2 cameras, a faster A5 processor which is dual core, and a graphics card with is nine times faster than the previous iPad. This all comes with the same battery life as the previous iPad, and weighs less, and is astonishingly thinner. Applications such as FaceTime and PhotoBooth are much faster with the new hardware.
Basically, competitors are left in the dust after seeing this. Even scarier for competitors is that they do not have time to react. Apple is pre-leasing its new product in just over 1 week. Competitors do not even have a chance to get their first generation tablet out, and Apple has already revamped their own.
What's even cooler than the iPad 2 may be the new cover. The cover actually cleans the screen, acts as a stand, and uses magnets to hold it in place.
To watch the full video of the launch, see the video below.
http://www.youtube.com/e/qQG0XfU-bFs
To read the full Apple report, click here.
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