Apple confirms new 128GB iPad coming next week

Apple on Tuesday announced plans to introduce a new fourth-generation iPad model with 128GB of storage, twice the capacity of its previous high end model. The new version goes on sale Feburary 5, 2013 for $799 for Wi-Fi only and $929 for the Wi-Fi + Cellular model.

Besides the additional storage capacity, the iPad is a standard fourth-generation model. It comes equipped with a 9.7-inch “Retina” display with 2048×1536 pixel resolution. Under the hood is Apple’s A6X dual-core microprocessor, with quad-core graphics. The iPad comes with front and rear-facing cameras and a Lightning connector.

The 128GB model will be available for $100 more than the 64GB model, which will remain in production.