In a surprise appearance, Apple CEO Steve Jobs unveiled the new version of it hugely popular iPad tablet (he is currently in medical leave). The new tablet computer named ‘iPad 2’ will feature dual core A5 processer, two video cameras, and is 33 percent thinner and 15 percent lighter when compared to its previous version.

The original iPad, released last year, currently enjoys a market share of more than 95% of tablet in the world. Even after one year of its release no other companies have been successful in developing a competing hardware at competing price. Even 7 inch tablets cost more than Apple’s 9.7 inch entry level Wi-Fi iPad costing $499.

Now, it has become even cheaper after the release of new model. The original iPad is told to cost $100 cheaper at $399 a piece. It looks like, Apple  has already won the price war (it’s weakest frontier).

 Continue reading