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Apple unveils $299 classroom iPad with Pencil support

Apple Inc. AAPL, +Zero.34% unveiled, as anticipated, an up to date iPad at an schooling occasion at Chicago's Lane Tech College Prep public high school on Tuesday. Apple's less expensive 9.7-inch iPad will fortify its Apple Pencil stylus. The new iPad will retail for $329, and at a discounted $299 for schools. It's an effort supposed to lend a hand Apple fend off Alphabet Inc. unit Google's GOOGL, -1.20% GOOG, -1.27% expanding presence in U.S. schools, the place Microsoft MSFT, -Zero.34% drugs additionally compete. The iPad may be getting an A10 Fusion chip, which Apple claimed might be "more powerful than every [Google] Chromebook." The company mentioned that managed Apple IDs for varsity use could have 200 gigabytes of garage. Also announced, a cloud-based Schoolwork app might be available in June, allowing lecturers to make digital assignments and observe pupil paintings, similar to Google Classroom. Apple mentioned Tuesday that iPad's greater than 1 million built-in apps, together with 200,000 which might be education-specific, are key to classroom popularity. Apple may be believed to be operating on a new developer framework known as ClassKit, the weblog 9to5Mac has reported. The code push, plus less expensive hardware, shows a renewed effort from Apple in the schooling market. Pre-event reporting additionally prompt that a less-expensive 13-inch Retina MacBook is in the works, for a imaginable June release, even though that used to be no longer unveiled at the Tuesday presentation. Apple shares traded upper after the inside track, closing up about Zero.7% Tuesday after climbing greater than 1%. Shares are up roughly 20% over the past 12 months, while the Dow Jones Industrial Average DJIA, +Zero.72% of which Apple is a component, has gained 16% in the same time period.