What it is!

Display: 9.7 inch IPS – Supports Multi-Touch

Size and Weight: 0.5 inches thick and 1.5 pounds

Processor: 1GHz Apple A4 Chip

Storage: 16, 32, or 64GB flash

Battery life: 10 hours battery life, over 1 month standby

Connectivity: 802.11n Wi-Fi, 3G, Bluetooth 2.1 + EDR

Apple said there will be models with 3G through AT&T. Data plans in the US will cost $14.99 for 250MB and $29.99 for unlimited data. There is no contract commitment. The plan will come with free access to AT&T hotspots, just as AT&T does with other laptop 3G data customers. If you don’t like AT&T, good news: all iPad models are unlocked, and use the new GSM micro SIMs, so you could theoretically go with another carrier.

Other Features: Accelerometer, compass, speaker, mic, 30-pin connector

Price: “Starts at $499″

That’s a fairly low price, but that only gets you the 16GB model with no 3G. Adding 3G to any model costs $130 more, and each tier of storage is $100 more. So that’s $599 for the 32GB model without 3G, and $829 gets you 64GB and 3G.