Updated Oct. 25, 2013*
The Apple iPad Live Event of Tuesday, Oct. 22, 2013 was presented mostly by Phil Schiller with Tim Cook and other Apple heavies appearing. The most important segments of Schiller's presentation can be viewed in the attached CNET video. Perhaps the big news was the new name for the updated iPad - "iPad Air". A little more important data is presented by CNET in their brief hands-on review. For a little comparison with the Live Event of one year ago link to the Examiner article here.
Apple also rolled out the new iPad Mini (name stayed the same) with the new iPad Air and other new products. For gadget fans, the best part had to be the new iPad followed by the new iPad mini. However, there was some moaning and groaning detected in the audience at the conclusion. The attached chart gives "about a one year update" in the signal changes that have occurred in the four (two?) iPad products since October 2012 plus. The iPad Mini is still the same width but not so for the iPad Air.
The most "inhales/exhales" during the new Live Event were probably over the revised weight/mass of the iPad Air. Now at 1.00 pounds (which is "469 grams" per Apple's apparently inaccurate tech specs!) the iPad Air is the "lightest tablet produced". That, plus the apparent reduction in width, are probably the most significant developments in tablet technology. Some folks might argue, however, that it is revolutionary but not evolutionary.
Except for the fact that the Apple engineers have dropped its depth to 0.29" and still upgraded it to IOS 7. But the engineers might be approaching the current limits to Moore's law. Schiller was also so impressed with reduction in bezel size that he introduced that before all else. Just as amazing was the reduction in the component elements needed to produce the reduced profile (depth).
Another of Phil's fun facts is that the A7 CPU has over one billion transistors (there goes Moore's law again). The iPad Air also performs at 2x the speed of the previous version - similar performance is expected in the new iPad Mini. The current evolution of the new iPads was updated at the one year anniversary of the last Live Event.
*Update Oct. 25, 2013 From WSJ/Asia Today with Yun-Hee Kim - the total parts cost for the new iPad (Mini) estimated "@ about $188". The reporter is Juro Osawa. http://avideos.5min.com//290/5175290/517528908_2.mp4