Apple has announced at its new iPad event that the extremely popular 16GB iPad 2 tablet will now retail for $399 for the Wi-Fi version and $529 for the 3G-enabled version.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":400403,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"mobile,","session":"B"}']The new third-generation iPad that was just introduced will include a lot of things the iPad 2 does not have, including a higher-resolution Retina Display, 4G LTE wireless networking, and a quad-core graphics chip.
But the cheapest model of the new iPad will run $499, a far cry from $199 Android tablets like the Amazon Kindle Fire and Barnes & Noble Nook Tablet. So the new $399 iPad 2 will help get consumers a little closer to that ultra-low price point.
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
The move mimics Apple’s prior decisions to sell older models of the iPhone at a lower price. AT&T, for example, still sells the iPhone 3GS and iPhone 4 on contract but for a lower introductory price.
[vb_gallery id=400575]
iPad 2 pricing photo: Heather Kelly/VentureBeat
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More