Apple reportedly to reintroduce iPad 4 today, replacing aging iPad 2

4Apple looks set to reintroduce the iPad 4 on Tuesday as iPad 2 supplies begin to dry up. The tech giant will also reportedly launch a cheaper iPhone 5C with 8GB of storage.

The news comes courtesy of 9to5Mac, which, according to its unnamed sources, says consignments of the iPad 4 have already been arriving at Apple stores across the country.

The expected move by the Cupertino company follows a forecast by a KGI Securities analyst last month who said the company’s fourth-generation iPad would replace the aging iPad 2 “in Q1 2014.”

The iPad 4, which launched in October 2012, was taken off the shelves with the October 2013 launch of the slimmer and lighter iPad Air, while Apple continued to sell the 16GB iPad 2 with a $399 price tag for the Wi-Fi-only version. The cellular model sells for $529.  More

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