iPad Pro now comes in a smaller, 9.7-inch model

Today, Apple unveiled a new, smaller version of the high-end iPad the company released last year. The new iPad Pro option comes with a 9.7-inch display — the larger iPad Pro boasts a 12.9-inch display — and a handful of new features.

The 9.7-inch iPad Pro will support the Apple Pencil stylus, and the company will release a smaller Smart Keyboard to accommodate the smaller tablet's size. The smaller iPad Pro weighs less than a pound, but also packs in plenty of storage. A 32 GB model starts at $599, while a new 256 GB model runs $899.

The new iPad Pro also features a technology that Apple calls True Tone Display. According to Apple's Phil Schiller, True Tone Display measures the color temperature of ambient lighting and adjusts the tablet's display to match.

Apple says it has sold more than 200 million iPads featuring a 9.7-inch display, and called the new iPad Pro "the ultimate upgrade" for existing iPad owners — and for Windows users, who Apple says are "the majority of people buying an iPad Pro."

The 9.7-inch iPad Pro will come in four metallic finishes: gold, silver, space gray and rose gold.

Apple will release the smaller iPad Pro on March 31. Pre-orders open March 24.