Apple Inc. this week released the new iPadto U.S. retail.

The new iPad, to be sold Mar. 16, will include a retina display that yields a 2048 x 1536 resolution and an A5X CPU that includes quad-core graphics functionality.

The 5MP iSight camera includes backside illumination, IR filter, stabilization and 1080p video recording functionality.

Finally, the new iPad incorporates voice dictation via the built-in microphone.

The 16GB SKU will sell at $499.99, 32GB at $599.99 and 64GB SKU at $699.99.

In addition, new 4G LTE models will be sold via AT&T Inc. and Verizon Wireless at $629, $729 and $829.

Battery life is estimated at 10 hours for the Wi-Fi and 3G models, and nine hours for the 4G LTE SKUs.

The iPad sold 15.5 million units in the recent quarter.

Apple this month sold out of pre-order stock for the iPad 3 due to strong advanced demand.

The Apple Store website disclaims a shipment date of two to three weeks for new orders.

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