Demand for tablet-style devices -- particularly Apple's iPad -- is expected to weaken demand for traditional PCs in 2011 and 2012, research firm Gartner has predicted.

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In addition to Apple's retail stores, Best Buy will sell the iPad 2 on its March 11 launch day, while Walmart has also advertised the second-generation tablet but has not confirmed a sale date.

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Customers who bought a first-generation iPad in the last two weeks can opt to return their device to Apple, or request a $100 refund, now that the iPad 2 has been announced. Also, the company will release a new dock designed to fit the smaller form factor of the iPad 2, though no new keyboard dock has been shown.

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Though Apple has not officially disclosed how much RAM is found in the iPad 2, a Korean semiconductor analyst has claimed to know that the new A5 processor has 512MB of memory.

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Wall Street analysts reacted positively to Apple's unveiling of the iPad 2 on Wednesday and remained optimistic about the company's continued ability to lead the tablet market, though they viewed the refresh as mostly "evolutionary."

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Apple has posted the live stream of Wednesday's iPad 2 event, which featured a surprise appearance by Chief Executive Steve Jobs.

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The new iPad 2 has replaced the first-generation iPad, and Apple has discounted the starting price of the last year's model down to $399, or $349 for a refurbished tablet, for remaining stock.

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In addition to the new, faster iPad 2, Apple on Wednesday demonstrated new versions of iMovie and GarageBand built for the mobile multi-touch device.

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Apple on Wednesday showed off new features of iOS 4.3, including two times faster JavaScript performance in Safari, and the ability to wirelessly share and stream content from an iTunes library on a Mac or PC to an iOS device.

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Apple on Wednesday took the wraps off of its second-generation tablet, officially dubbed "iPad 2," with a completely new, thinner design, a faster dual-core A5 processor, and two video cameras, shipping on March 11.

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Just hours before Apple is set to announce its second-generation iPad, new images representing the anticipated design of the device, complete with a flatter back and larger speaker grille, have surfaced online.

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Shipments of the iPad, including the second-generation model to be announced by Apple today, are expected to be between 6 million and 6.5 million in the first quarter of 2011, on their way to 40 million for the calendar year.

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Exploring alternative retail partners like Kohl's or Bed Bath & Beyond for the next-generation iPad could give Apple another advantage over its competitors in the booming tablet market.

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Despite the fact that he is on medical leave from his day-to-day duties at Apple, company co-founder Steve Jobs may appear at Wednesday's iPad 2 media event, according to a new report.

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More evidence that Apple plans to surprise with near immediate availability of its second-generation iPad surfaced Tuesday, when it was revealed that retailer Best Buy has listed the first-generation iPad as "deleted" in its inventory.

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With over a hundred tablets expected to come to market this year looking to take on the iPad, Apple's unveiling of its second-generation tablet on Wednesday will be a critical moment for the company, one analyst believes.

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The new ultra-thin glass screen set to be unveiled as part of the second-generation iPad this week has "yield issues" that could result in a limited supply at launch, one Wall Street analyst has said.

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While media reports have shed considerable doubt on Apple's capacity to facilitate a full-scale launch of its second-generation iPad in the short term, AppleInsider has reason to believe that customers could be holding the new tablet device in their hands shortly after next Wednesday's press event.

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In an effort to make its next-generation iPad lighter, Apple could replace the device's existing aluminum enclosure and instead make it high-strength carbon fiber, a new rumor suggests.

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While rumors that Apple's second-generation iPad due next week would include Retina Displays and SD card slots have long been refuted, one publication that originally made those claims has revised its predictions to say it no longer expects those features either.

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