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Apple unveils the iPad Air and retina iPad Mini, both ship in November

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Apple unveiled a redesigned full-size tablet today, renamed the iPad Air, which will ship worldwide Nov. 1.

The iPad Air includes the same 9.7 inch display as the previous non-mini iPad with a smaller bezel around the screen. The device is 7.5 mm thick, making it 20 percent thinner than the previous version of the full-size iPad. The iPad Air weighs one pound, 0.4 pounds lighter than the previous generation.

It will include the A7 chip that premiered recently in the iPhone 5S. Apple's senior vice president of worldwide marketing Phil Schiller said that the graphics performance is 72 times faster than the original iPad and twice as fast as the last generation of iPads.

The device will be available in silver, white, space gray and black and replaces the previous model of iPad at the same price.

The new iPad Mini 7.9-inch tablet will have a new retina display and its graphics processing is up to 8 times faster than the previous model. It will be available in silver, white and space gray black "later in November."

The previous, original iPad Mini will still be available, and it's price will be lowered to $299.