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Mar. 2nd, is a good day for all Apple  fans. Today, Apple announced iPad 2, which is much thinner, lighter and faster.

Below is part of a quick FAQ that spells out  some of the key features of iPad 2. This FAQ is from CNET.com News.

How is the iPad 2 different from the original iPad?
In a nut shell, the iPad 2 is thinner, lighter, faster, and has two cameras for video conferencing.

The new iPad uses a new A5 dual-core processor, which Apple CEO Steve Jobs says is twice as fast as the previous iPad. He also said it will help boost graphics performance making it nine times faster. The newer iPad is also about 33 percent thinner and lighter than the original iPad: 1.3 pounds instead of 1.5. And it now comes in white as well as black.

Additionally, the iPad 2 now offers two cameras, which means it can be used for video conferencing via Apple’s FaceTime app or a third-party video conferencing app, such as Skype. The rear camera is 720p. And the front camera is “VGA-quality” suitable for video and still photography.

How much does a new iPad 2 cost?
Here is the pricing for the Wi-Fi only versions:

• 16GB: $499
• 32GB: $599
• 64GB: $699

Here is the pricing for the Wi-Fi/3G devices:

• 16GB: $629
• 32GB: $729
• 64GB: $829

Has the original iPad gone down in price?
Yes, it is has gone done in price. You can save about $100 if you buy the older version of the iPad.

Here’s the pricing for the original Wi-Fi only iPad:

• 16GB: $399
• 32GB: $499
• 64GB: $599

And here’s pricing for the original Wi-Fi/3G iPad:

• 16GB: $529
• 32GB: $629
• 64GB: $729

Will a 3G version of the iPad work on either Verizon’s network or AT&T’s? 
No, if you want a 3G-enabled iPad 2, you will choose either an AT&T version, which uses GSM technology, or a Verizon Wireless version, which uses its CDMA network technology.

How much are the service plans from AT&T and Verizon Wireless?
For Verizon Wireless the pricing is as follows:

• $20 per month for 1GB per month
• $32 per month for 3GB per month
• $50 per month for 5GB per month
• $80 per month for 10GB per month

AT&T offers two pricing options:

• $15 per month for 250MB per month
• $25 per month for 2GB per month

 Customers of either AT&T or Verizon Wireless are not required to sign a contract for the 3G service. They can turn the service on and off as they like.

Apple introduced two new apps, iMovie and GarageBand, for the iPad 2 that were originally available on Macbooks and iMacs. Will these new apps work on the original iPad?
The iMovie app, which will allow you to edit movies right on your iPad, can only be used with the iPad 2 and fourth-generation iPod Touch and iPhone 4.

The GarageBand app is just for “iPad.” Apple didn’t specify, which iPad model specifications, so I am assuming it’s available for the iPad 2 as well as the previous generation.

 The new iPad 2 will hit store shelves in the U.S. on March 11 and in 26 more countries on March 25. You can go to http://www.apple.com/ipad/ for more details of iPad 2. Enjoy it!

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