The Telegraph
Wednesday , January 30 , 2013
Since 1st March, 1999
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Revealed: 128GB iPad

Jan. 29: Apple Inc said today that it will sell a version of its iPad tablet computer with 128 gigabytes of storage, which is twice the capacity of its existing models.

Apple, which has sold more than 120 million iPads so far, said that the new iPad 4 will go on sale on February 5 for a suggested retail price of $799 ( Rs43,146) for the iPad with just Wi-Fi model, and $929 (Rs50,166) for the version that also has a cellular wireless connection.

The memory increase does not apply to the iPad Mini. The latest iPads with 16, 32 and 64 gigabytes remain available.

The storage boost brings Apple’s top-of-the-range iPad into line with Microsoft’s forthcoming Surface Pro tablet and ahead of most other competing tablets.

“With more than 120 million iPads sold, it’s clear that customers around the world love their iPads, and everyday they are finding more great reasons to work, learn and play on their iPads rather than their old PCs,” said Philip Schiller, Apple’s marketing chief.

Apple has typically released new iPads in March but today’s announcement, coupled with the fact that Apple released the iPad mini and the fourth generation iPad in October last year, suggests that there won't be a new iPad this spring.

Instead, it has been rumoured that Apple plans to release a fifth generation iPad and a second generation iPad mini in October. The fifth generation iPad is expected to be thinner than the current model and have a case that matches the design of the iPad mini.

The new iPad mini is, according to Apple website iLounge, expected to get a “retina” display, boosting the resolution of the screen to a level that is similar to the larger iPad.