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Apple Raises Stakes With 4G High-Res iPad, Revamps Set-Top

Hoping to hold the lead in the category it pioneered, Apple introduced the next-generation iPad tablet, which features an ultra-high-resolution screen capable of displaying Blu-Ray quality video and support for high-speed LTE wireless networks.

Apple, at its press conference Wednesday in San Francisco, also showed off a new version of the $99 Apple TV set-top box. The box has a redesigned interface and support for 1080p high-definition video. Movies and TV show sold through iTunes will be available in the higher-quality format, according to Apple execs.

The next-generation iPad is priced at $499 for 16 Gigabytes of storage; $599 for 32 GB; $699 for 64 GB. The 4G wireless models will run an extra $130 on top of those prices.

Both the iPad and the enhanced Apple TV are set to be available March 16.

Click here to read the full story at Multichannel News.