“That brings us to iPad. We think the iPad is the poster-child of the post-PC world," said Tim Cook.
The new tablet will feature a faster processor.
The new chipset will have dual-core processing power and quad-core graphics power, according to Gizmodo.
The upgrade is likely to accommodate the new high definition screen.
The iPad 2 currently has a 1024-by-768-pixel resolution at 132 pixels per inch.
The new iPad has a 2048 x 1536 pixel "retina" display with 264 pixels per inch, according to Gizmodo. The new screen now has one million more pixels than HDTV The screen will have 40 percent better color resolution.
The "retina" feature was first introduced on the iPhone 4.
The screen size is still the same 9.7 inches.
The new 4G LTE connectivity will give you up to 73Mbps, according to Gizmodo. It will run on both Verizon and AT&T networks.
The newest tablet device will have the Siri, the voice activated personal assistant.
The voice assistant was first implemented in the iPhone 4S, the most recent model of the Apple phone.
Perhaps the only downside Apple announced during its event, the increase in size is to fit the technology for the new HD display.
The iPad 2 was 8.8mm thick. The new iPad is 9.4mm thick, which is a .6mm increase.
The most recent update to Apple's mobile software was also announced today, which the new iPad will come with.
The update comes with Siri in Japanese.
A new iSight camera is included, along with a 5MP camera on the back, according to Mashable.
The rear camera has new features like auto-exposure, auto-focus and auto-face detecting features, according to Gizmodo. It also has image stabilization.
The new iPad is also able to record 1080p video.
The new photo software for the iPad allows users to edit the photos with skin tone and white balancing features, according to Gizmodo.
It also allows you to add special filters to give images a "vintage" look.
The new "Journal" feature allows users to create pages with highlighted pictures and captions. A Calendar, map and weather icon can be added to the journal page to document travels.
The new tablet will be available for purchase on March 16 as rumored.
Prices for the 4G model are the same as the current models, with the 16gb at $629, the 32gb at $729 and the 64gb at $829.
Wifi prices start at $499 for a 16gb, $599 for the 32gb and $699 for the 64GB.
The new Apple TV includes a new interface and supports 1080p video, according to Gizmodo.
TV shows now show up the day after they air.
It will also support iTunes Match, an Apple service that allows users to put their own movies and music into iCloud.
Genius, Apple's service that picks apps and music for users based on a previous downloads, now works for movies.
Apple TV will sell for $99.
Applies cloud-based storage service iCloud now supports movies.
That means movies can be purchased on iTunes, stored on iCloud and accessed through any Apple device, including an iPhone, Mac computer or an iPad.