Apple today announced a new version of its fourth-generation iPad, featuring 128GB solid state drive.
The new version doubles the maximum storage capacity of the iPad, which had been capped at 64GB, and offers the same technical specifications as the other fourth-generation iPad models.
The 128GB version is priced at $A869 for the Wi-Fi only model and $1009 for the Wi-Fi + LTE model, and will be available starting February 5 in Apple retail stores, on Apple's website and through select Apple resellers.
In the product announcement, Apple highlighted the enterprise use of the iPad, claiming that "virtually all of the Fortune 500 and over 85 percent of the Global 500 [are] currently deploying or testing iPad."
The increased storage capacity was, in part, designed to benefit business users storing large amounts of data on the device, such as 3D CAD tasks, X-rays and architectural blueprints, according to Apple.
Apple has been updating its iPad product line more frequently than the typical annual release schedule it uses for the iPhone. While the iPad 2 and third-generation iPad were both launched around a year after their predecessors, Apple introduced the latest iPad and the new iPad mini about eight months after the third-generation iPad's release. The company also ditched the numerical title for each generation following the iPad 2.