New iPad offers double performance compared to its predecessor thanks to the new A6X processor, and in fact, the new iPad has similar hardware performance to iPhone 5. In addition, new iPad comes with new image signal processor that can deliver up to 10 hours of battery life. Front facing camera has been improved as well, so you can now have a FaceTime experience in 720p. Additional improvements include dual-band Wi-Fi, new Lightning connector, and speaking of connectors, there are new camera connectors, USB, HDMI and VGA adapters, as well as Retina display.
New generation of iPad has a lot to offer, and as for the price, 16GB WiFi model costs $499, while the starting price of 16GB cellular model is $629.