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New iPad runs faster, crisper images, but don't call it iPad3

Apple unveiled a new iPad that's 4G-ready and boasts a quad-core graphics processor. It can be pre-ordered now and will hit stores on March 16.

The third generation Apple iPad features a new "Dictation" key, featured during a roll out event on Wednesday in San Francisco.

AP Photo/Paul Sakuma

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Apple's latest iPad sports a crisper display and an array of technology advances that, while less than revolutionary, may prove enough for now to keep rivals like and Samsung Electronics Coat bay.

While stopping short of vaulting ahead of Motorola and Samsung, the device -- which comes 4G-ready and boasts a quad-core graphics processor -- is capable enough to help safeguard its two-thirds market share.   
    "The screen is a notable feature for non-techie customers, as is the faster connectivity. That's something that mainstream consumers can identify with," said Morningstar analyst Michael Holt.   

   "There's pent-up demand because a new device was widely anticipated. I they've made enough incremental improvements to do well."   

RECOMMENDED: Four best features of the new iPad


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