Apple introduced a new iPad mini on Tuesday that the tech giant says is geared towards artificial intelligence.
Shares rose 2.6% in Tuesday trading, hitting record high.
The new iPad mini sports the A17 Pro chip and a 8.3-inch Liquid Retina display screen. It comes in four colors, including a new blue finish and purple, Apple said.
“There is no other device in the world like iPad mini, beloved for its combination of powerful performance and versatility in our most ultraportable design. iPad mini appeals to a wide range of users and has been built for Apple Intelligence, delivering intelligent new features that are powerful, personal, and private,” said Bob Borchers, Apple’s vice president of Worldwide Product Marketing, in a statement. “With the powerful A17 Pro chip, faster connectivity, and support for Apple Pencil Pro, the new iPad mini delivers the full iPad experience in our most portable design at an incredible value.”
The new iPad mini starts at $499 for the 128GB model and is available for pre-order today, with sales starting on October 23.
