Apple iPad 2 Announced

Apple has launched the second generation of its iPad tablet computer at an event in San Francisco.

The company said the machine featured a faster processor, improved graphics, and front and rear cameras.

Apple leads the industry in sales of tablet devices, but is beginning to face competition from rivals such as HP and Samsung.

The event was hosted by Apple chief executive Steve Jobs, who has been on medical leave since January.

It had been widely speculated that he would not appear owing to his ill health.

Mr Jobs was diagnosed with pancreatic cancer in 2004.

Speaking on stage, he said: "We have been working on this product for a while and I just didn't want to miss today."

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They are already releasing another one? I'm sure the first iPad only came out less than a year ago. Surely they should spend more time developing and making improvements, before releasing the new product every time a change is made..

This is the Apple way. They announce things early in the year and by the time they come out...it's a year since the last one.

Expect an iPhone 5 announced within the next month or so.