Last Tuesday, iPad maker Apple showed a new iPad with double the storage capacity of their existing model in a thrust to capture the market of companies that share big amounts of data.
The new iPad of Apple will have a 128 (GB) gigabytes capacity compared to its current model with 64 GB maximum capacity but also available in 32 Gb and 16 GB.
Apple senior vice president of marketing Philip Schiller shared, “With twice the storage capacity and an unparalleled selection of over 300,000 native iPad apps, enterprises, educators and artists have even more reasons to use iPad for all their business and personal needs.”
The move of Apple to expand its iPad following comes as the company faces tough questions from Wall Street over its growth prospects. Apple’s shares lost about 12 percent of their value last week after the company reported earnings that showed lower profit margins and smaller anticipated growth than expected.
The new 128 GB iPad model will be available starting February 5, with a suggested price of $799 for the iPad with Wi-Fi and $929 for iPad with Wi-Fi and Cellular capability.