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You’ve probably heard about it already, but we feel obligated to tell you that what you’ve been waiting for has finally been announced! Early this morning, Apple officially announced its tablet device, the Apple iPad, starting at the price of a mere $499 (RM1746.5) as oppose to its rumored price of a whooping $1000. At first glance (of the specification and the picture), the iPad simply looks like an oversized iPod Touch with a 10” display, but it comes with a SIM card tray on its Wi-Fi + 3G model. The iPad runs on a 1GHz Apple Processor with a storage space of 16 GB, 32GB and 64GB, and it comes with an impressive battery life that can last up to 10hours of active usage. The Wi-Fi models will be available in late March and the 3G models will be available in April.

Although it has only been about 9 hours since its announcement, the iPad has certainly generated a lot of news especially about its name. For your information, about 4 years ago, MadTV has already coined out this name and made a parody video about the iPad. Hit the jump for a little laughter or visit http://www.apple.com for more information about the iPad.