Apple launches new thinner, lighter iPad Air
October 23, 2013  02:23
Apple Inc is refreshing its iPad lineup and slashing the price of its Mac computers ahead of the holiday shopping season, as it faces an eroding tablet market share and growing competition from rival gadget makers. 

Apple unveiled a new, thinner, lighter tablet called the "iPad Air" along with a slew of new Macs today at an event in San Francisco. The iPad Air weighs just 0.45 kilogram, compared with 0.64 kilogram for the previous version. 

Apple marketing chief Phil Schiller called the tablet a "screaming fast iPad." He said it is eight times faster than the original iPad that came out in 2010.

The iPad Air will go on sale November 1 and start at $499 for a model with 16 gigabytes of memory. Apple plans to phase out its third and fourth generation iPads while the iPad 2, which launched in 2011, continues selling at $399. A new iPad Mini, meanwhile, will be available later in November starting at $399 for a 16-gigabyte model.

The iPad's market share has been eroding compared with cheaper rivals running Google Inc's Android operating system.

Research firm Gartner Inc estimates that Android tablets will end 2013 with a 50 per cent share of the worldwide market versus 49 per cent for the iPad. Just two years ago, the iPad commanded a 65 per cent market share compared to 30 per cent for Android tablets.

Apple also refreshed its computer lineup. A new, 13-inch MacBook Pro with Retina display is thinner and lighter, Schiller said, adding that the laptop has up to 9 hours of battery life, enough to "watch the entire trilogy of 'The Black Knight' on one charge." The notebook's new price is lower: $1,299, compared with $1,499 for the previous version.
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