Apple formally announced the iPad 2 in a San Francisco event March 2, ending months of speculation about the features of its next-generation tablet.
The 9.7-inch iPad 2 includes a built-in three-axis gyroscope, like the iPhone 4 and latest version of the iPod Touch. It is also 33 percent thinner than the original iPad, which makes it slimmer than the iPhone 4.
The iPad 2 features a new chip, the A5. Apple hopes its next-generation tablets dual-core processor will put it on even footing in consumers minds with new and upcoming tablets such as the Motorola Xoom, which boasts a good deal of processing firepower.
Apple CEO Steve Jobs claimed during the iPad 2 unveiling that Apple has sold some 15 million iPads to date, giving it the lions share of the burgeoning consumer tablet market.
Apple claims some 200 million accounts for its three online storefronts (iTunes, App Store, iBooks).
Like the iPhone 4 and the newest iPod Touch, the iPad 2 boasts FaceTime video-conferencing.
Both front- and rear-mounted cameras can record video, with the rear one capable of 720p and 30 frames per second.
The iPad 2 will also include Photobooth, with all the usual face-twisting effects.
Apple is offering a "smart cover" for the iPad 2, complete with magnets to grasp and auto-align over the screen. When opened, it will wake the device; when closed, it will put the tablet to sleep.
Via an Apple Digital AV Adapter or Apple VGA Adapter, users can project their iPads screen onto an HDTV or projector.
The iPad 2s pricing structure will mirror that of the original iPad.