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Apple unveils iPad 2

Just over a year after introducing its game-changing tablet, Apple unveiled the new version of the iPad Wednesday.

Apple CEO Steve Jobs, who’s battling cancer, attended the event in San Francisco and received a standing ovation when he walked on stage in his signature black mock turtleneck and jeans. He’s on an indefinite medical leave.

Current iPad owners may be upset that their device became outdated so quickly. The latest version has the same 10-inch screen, but it’s 33 per cent slimmer and has a faster processor.

The iPad 2, which will be available in both black and white, also has two cameras for video chatting and taking photos. Users can play iPad videos on their television with an accessory cable.

The new version will cost between US$499 and $829 and will go on sale March 25 in Canada. 

Apple is trying to stay on top of the tablet pack with its impending announcement. Motorola recently launched the Xoom, RIM will soon begin selling the PlayBook, Hewlett-Packard’s TouchPad is due out soon and Samsung and Dell already have tablets on the market.

About 15 million iPads were sold last year, many more than experts had predicted. Sales are expected to exceed 30 million by the end of this year.

Below is a live Twitter stream of CNN’s coverage of the Apple event.