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| Meta Title | Apple releases all-new iPads ā everything you need to know - TheStreet |
| Meta Description | Apple announced a slew of new features for its new lineup of iPads. |
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| Boilerpipe Text | Apple announced a slew of new features for its new lineup of iPads.
May 7, 2024 6:00 PM EDT
TheStreetās Conway Gittens brings the latest business headlines from the floor of the
New York Stock Exchange
as markets close for trading Tuesday, May 7.
Full Video Transcript Below:
CONWAY GITTENS:Ā
Iām Conway Gittens reporting from the
New York Stock Exchange
. Hereās what weāre watching on TheStreet today.
Investors were reluctant to make huge bets on Tuesday following a string of recent rallies. The Dow and the S&P settled with modest gains, while the Nasdaq finished the day with a small loss.Ā
Disney
was a big loser of the day. The company beat expectations thanks to financial progress at Disney+Ā
(
DIS
)
, but investors worry the streaming service faces a rough road ahead as it competes with Netflix.
AppleĀ
(
AAPL
)
Ā also made big headlines on Tuesday. The tech giant debuted a new lineup of iPads for the first time in two years. The star of the show was an artificial intelligence-ready iPad Pro. The largest model comes with a $1300 price tag.
Watch More Videos:
New dyslexia treatment aims to overcome biggest hurdle in cognitive healthcare
How this YouTuber built a huge audience by playing slots
Yes, there are fewer chips in the bag: Shrinkflation, explained
Apple, however, is late to the
AI
game compared to others like Microsoft and Google. Nevertheless, Apple CEO
Tim Cook
called this āthe biggest day for iPad since its introduction.āThe other most significant upgrades include more powerful chips, better screens, greater size options, and an upgraded Apple Pencil that costs $129. All this while iPads get thinner and lighter. The smaller iPad Air revealed Tuesday costs $600.
The refresh comes after Apple announced a quarterly drop in iPad sales of 17 percent compared to the same period a year ago. All the new models hit store shelves next week.
Thatāll do it for your daily briefing. From the New York Stock Exchange, Iām Conway Gittens with TheStreet.
About the authors
Rebecca Mezistrano is a producer at TheStreet. She creates daily video content covering financial news across various social platforms as well as for thestreet.com. You can reach Rebecca here.
Ross Kohan is a senior producer at TheStreet. He manages the day-to-day operations from TheStreetās studio located on the floor of the New York Stock Exchange.Ā
Daniel Kuhn is the senior producer for distribution at TheStreet. Send Daniel an email here. |
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# Apple releases all-new iPads ā everything you need to know
Apple announced a slew of new features for its new lineup of iPads.
May 7, 2024 6:00 PM EDT
- 
By [Rebecca Mezistrano](https://www.thestreet.com/author/rebecca-mezistrano), [Ross Kohan](https://www.thestreet.com/author/ross-kohan) and [Daniel Kuhn](https://www.thestreet.com/author/daniel-kuhn)
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TheStreetās Conway Gittens brings the latest business headlines from the floor of the [New York Stock Exchange](https://www.thestreet.com/dictionary/n/new-york-stock-exchange-nyse) as markets close for trading Tuesday, May 7.
[View post: Stock Market Today: Stocks end mixed amid interest rates, Mideast concerns](https://www.thestreet.com/investing/stocks/stock-market-today-stocks-higher-amid-interest-rates-mideast-concerns)
[Stock Market Today: Stocks end mixed amid interest rates, Mideast concerns](https://www.thestreet.com/investing/stocks/stock-market-today-stocks-higher-amid-interest-rates-mideast-concerns)
Stocks end mixed higher as investors keep an eye on the Fed and the Middle East.
### Full Video Transcript Below:
**CONWAY GITTENS:** Iām Conway Gittens reporting from the [New York Stock Exchange](https://www.thestreet.com/dictionary/n/new-york-stock-exchange-nyse). Hereās what weāre watching on TheStreet today.
Investors were reluctant to make huge bets on Tuesday following a string of recent rallies. The Dow and the S\&P settled with modest gains, while the Nasdaq finished the day with a small loss.
[Disney](https://www.thestreet.com/quote/DIS) was a big loser of the day. The company beat expectations thanks to financial progress at Disney+ (**[DIS](https://www.thestreet.com/quote/DIS)**) , but investors worry the streaming service faces a rough road ahead as it competes with Netflix.
Apple (**[AAPL](https://www.thestreet.com/quote/AAPL)**) also made big headlines on Tuesday. The tech giant debuted a new lineup of iPads for the first time in two years. The star of the show was an artificial intelligence-ready iPad Pro. The largest model comes with a \$1300 price tag.
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Apple, however, is late to the [AI](https://www.thestreet.com/tag/artificial-intelligence) game compared to others like Microsoft and Google. Nevertheless, Apple CEO [Tim Cook](https://www.thestreet.com/tag/tim-cook) called this āthe biggest day for iPad since its introduction.āThe other most significant upgrades include more powerful chips, better screens, greater size options, and an upgraded Apple Pencil that costs \$129. All this while iPads get thinner and lighter. The smaller iPad Air revealed Tuesday costs \$600.
The refresh comes after Apple announced a quarterly drop in iPad sales of 17 percent compared to the same period a year ago. All the new models hit store shelves next week.
Thatāll do it for your daily briefing. From the New York Stock Exchange, Iām Conway Gittens with TheStreet.
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[Veteran fund manager picks favorite stocks for 2024](https://www.thestreet.com/investing/stocks/veteran-fund-manager-picks-favorite-stocks-for-2024)
A hedge fund manager with over 40 years of experience thinks these stocks could go much higher.
## About the authors

## [Rebecca Mezistrano](https://www.thestreet.com/author/rebecca-mezistrano)
Rebecca Mezistrano is a producer at TheStreet. She creates daily video content covering financial news across various social platforms as well as for thestreet.com. You can reach Rebecca here.

## [Ross Kohan](https://www.thestreet.com/author/ross-kohan)
Ross Kohan is a senior producer at TheStreet. He manages the day-to-day operations from TheStreetās studio located on the floor of the New York Stock Exchange.

## [Daniel Kuhn](https://www.thestreet.com/author/daniel-kuhn)
Daniel Kuhn is the senior producer for distribution at TheStreet. Send Daniel an email here.
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| Readable Markdown | Apple announced a slew of new features for its new lineup of iPads.
May 7, 2024 6:00 PM EDT
TheStreetās Conway Gittens brings the latest business headlines from the floor of the [New York Stock Exchange](https://www.thestreet.com/dictionary/n/new-york-stock-exchange-nyse) as markets close for trading Tuesday, May 7.
### Full Video Transcript Below:
**CONWAY GITTENS:** Iām Conway Gittens reporting from the [New York Stock Exchange](https://www.thestreet.com/dictionary/n/new-york-stock-exchange-nyse). Hereās what weāre watching on TheStreet today.
Investors were reluctant to make huge bets on Tuesday following a string of recent rallies. The Dow and the S\&P settled with modest gains, while the Nasdaq finished the day with a small loss.
[Disney](https://www.thestreet.com/quote/DIS) was a big loser of the day. The company beat expectations thanks to financial progress at Disney+ (**[DIS](https://www.thestreet.com/quote/DIS)**) , but investors worry the streaming service faces a rough road ahead as it competes with Netflix.
Apple (**[AAPL](https://www.thestreet.com/quote/AAPL)**) also made big headlines on Tuesday. The tech giant debuted a new lineup of iPads for the first time in two years. The star of the show was an artificial intelligence-ready iPad Pro. The largest model comes with a \$1300 price tag.
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Apple, however, is late to the [AI](https://www.thestreet.com/tag/artificial-intelligence) game compared to others like Microsoft and Google. Nevertheless, Apple CEO [Tim Cook](https://www.thestreet.com/tag/tim-cook) called this āthe biggest day for iPad since its introduction.āThe other most significant upgrades include more powerful chips, better screens, greater size options, and an upgraded Apple Pencil that costs \$129. All this while iPads get thinner and lighter. The smaller iPad Air revealed Tuesday costs \$600.
The refresh comes after Apple announced a quarterly drop in iPad sales of 17 percent compared to the same period a year ago. All the new models hit store shelves next week.
Thatāll do it for your daily briefing. From the New York Stock Exchange, Iām Conway Gittens with TheStreet.
## About the authors

Rebecca Mezistrano is a producer at TheStreet. She creates daily video content covering financial news across various social platforms as well as for thestreet.com. You can reach Rebecca here.

Ross Kohan is a senior producer at TheStreet. He manages the day-to-day operations from TheStreetās studio located on the floor of the New York Stock Exchange.

Daniel Kuhn is the senior producer for distribution at TheStreet. Send Daniel an email here. |
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