Apple's iPad3 will be available at Apple's retail stores, and the Apple online store on Friday, March 16 in countries including US, Australia, Canada, France, Germany, Hong Kong, Japan, Singapore, and the UK.
It will also be available in Puerto Rico, and the US Virgin Islands.
The new 'i' device features a new Retina display, with the new A5X chip with quad-core graphics and a 5 megapixel iSight camera with advanced optics for capturing photos and 1080p HD video.
Delivering a 10 hour battery life, it will run on 4G LTE networks in the US and Canada, and on 3G network around the world, including those based on HSPA+, and DC-HSDPA.
With this launch, the American company has slashed its iPad 2 prices starting at just $399.
The new iPad Wi-Fi models will be available in black or white starting on Friday, March 16 for a suggested retail price of $499, for the 16GB model; $599 for the 32GB model; and $699 for the 64GB model.
While iPad Wi-Fi + 4G including those based on HSPA+ and DC-HSDPA, will be available for a suggested retail price of $629, for the 16GB model; $729 for the 32GB model; and $829, for the 64GB model.
The iPad 2 is now being offering at a more affordable price of $399, for the 16GB Wi-Fi model and $529, for the 16GB Wi-Fi + 3G model.
The device will be available in Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, Greece, Hungary, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, Macau, Mexico, The Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden, from March 23 onwards.