iPad 2 is the next generation of Apple’s magical device for browsing the web, doing email, enjoying photos, watching videos, and more. It comes in three models: iPad 2 Wi-Fi, iPad 2 Wi-Fi + 3G, and iPad 2 Wi-Fi + 3G for Verizon (U.S. only).

Key features:

• All-new design—iPad 2 comes in black or white and is 33 percent thinner and up to 15 percent lighter.
• Dual-core A5 chip—The Apple-designed chip features two cores for faster performance and up to nine times the graphics horsepower.
• Two cameras—Make FaceTime video calls, record HD video, or create fun snapshots with Photo Booth. Switch between front and back cameras with just a tap.
• 10-hour battery—Same great battery life for browsing the web, watching videos, and listening to music.
• Smart Covers—Innovative, thin, durable covers that magnetically attach to iPad 2 for a perfect fit. Available in a range of vibrant polyurethane and rich, aniline-dyed leather colors (sold separately).

It will be available March 14th.