Starting Tuesday February 5th, Apple will sell the 128GB iPad 4 for $799 for WiFi and $929 for the WiFi + Cellular model.
The new iPad announcement comes shortly after leaks pointed to a larger capacity iPad model in the works.
Thanks to streaming services most home iPad users will not need to spend $800 to get an iPad that holds all of their music, photos and videos, but there are enough users who need more storage on the iPad.
The iPad 4 with 128GB of storage is aimed at businesses and power users who need more space to store large files such as AutoCAD or recording multiple tracks to the iPad, but the larger capacity option isn’t limited to business users.
In the announcement, Apple highlighted several uses for a high-capacity iPad 4.
Companies regularly utilizing large amounts of data such as 3D CAD files, X-rays, film edits, music tracks, project blueprints, training videos and service manuals all benefit from having a greater choice of storage options for iPad.
On Tuesday the 128GB iPad 4 will go on sale on Apple.com and in Apple Stores and Apple authorized retailers in Black and White models.
This is the first time Apple has offered 128GB of storage on an iPad, and while $799 is not cheap the $100 upgrade premium is a better deal than the jump from 16GB to 32GB.
The iPad 4 with 128GB of storage uses the same Apple A6X processor as the iPad available today, and offers a 9.7-inch Retina Display. The iPad 4 runs iOS 6.1 and includes a FaceTime HD camera as well as the option for 4G LTE connectivity on Sprint, Verizon and AT&T.
Apple is only offering the 128GB option for the iPad 4, so iPad mini and iPhone 5 users can’t upgrade to double the storage space, but there’s a chance we’ll see higher capacity options for the iPad mini 2 and the rumored iPhone 5S.
Rumors also point to a completely redesigned iPad 5 launching this year with the iPad mini design.