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Apple announces 4th generation iPad, discontinues 3rd generation iPad

With new processor on-board, the iPad 4 doubles the CPU and graphics performances along with a battery life of 10 hours.  It also sports a 720p facetime camera. The base model with 16GB storage and WiFi is priced at $499 as before and the 16 GB cellular model comest at $629, similar to the outgoing model.

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