10/23/2013

Apple unveiled a pair of new iPads on Tuesday, indicating that it will not bow to pricing pressure from rivals. The company announced the $499 iPad Air, a slimmer device weighing 1 pound. The new $399 iPad Mini is touted as having a sharper display. Apple lowered the old 7.9-inch tablet's cost to $299 and said it will give away its iWork productivity suite and iLife applications to new buyers.

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