Apple (AAPL) Cancels iPad 2, Reintroduces iPad 4 to Replace it

Apple (AAPL) on Tuesday announced the reintroduction of the iPad 4 tablet in place of the mid-range iPad 2 at the same price. The replacement was announced for both the 16GB Wi-Fi and Wi-Fi + Cellular models.

The fourth-generation iPad, which features a 9.7-inch Retina display, an A6X processor, ultrafast Wi-Fi and a five megapixel camera is available at $399 for the 16GB Wi-Fi model and $529 for the 16GB Wi-Fi cellular model at all four major US carriers.

The fourth-generation iPad was launched in 2012, alongside the first iPad mini. The iPad 2 was launched in 2011.

Apple discontinued the iPad 4 last year when it launched the iPad Air last fall.

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