iPad 3 tablets can be swapped for an iPad 4

iPad 3 tablets bought within the last 30 days will be able to be traded-in for a new iPad 4, complete with more powerful processor and Lightning connector.

Apple unveiled the iPad mini on the evening of 26 October, and alongside it a new full-size iPad was introduced, the iPad 4. Knowing this would leave many a recent iPad owner seething, Apple has increased its usual 14-day return policy to 30 days, letting you exchange the now-discontinued tablet for a new model.

The launch of the iPad 4 caught many unawares, with Apple expected to launch a minor tweak of the 9.7-inch iPad rather than a full new generation. The new model is priced identically to the iPad 3, though, leaving you with no extra cash to pay should you opt for a swapsie. Alternatively, you should be able to swap the tablet for an iPad mini model, although the prices don’t tie-in quite as well

What are the new features of the “4th Generation” iPad 4? The one upgrade you should care about is the new Apple A6X processor. Apple’s Phil Schiller says that this provides twice the power as the A5X chip in the iPad 3, although we’re yet to learn the exact tech specs of the new processor.

There are two other main tweaks – the 30-pin socket has been swapped for the new Lightning port, which was introduced with the iPhone 5, and a 4G option has been added. It uses the same 4G standard as the new iPhone, and will work with the EE network. EE’s 4G network is planned to launch to the public on 30 October.

There are six models of iPad 4, not counting the black and white finishes the tablet’s available in. The three storage capacities – 16GB, 32GB and 64GB – are available as either Wi-Fi only or “Wi-Fi plus Cellular” flavours, enabling 3G and 4G mobile internet.

The iPad 3 has now been wiped from Apple’s inventory, leaving Apple Stores to sell the new iPad mini, the “ancient” iPad 2 and the 4th Generation iPad. The Wi-Fi editions of the iPad mini and iPad 4 will be available from 2 November.

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