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Apple Adds IPad With More Memory

Apple Inc. debuted an iPad with twice the memory of existing models, offering users more space to store movies, videos and books amid mounting competition in the tablet market.

The new iPad with 128 gigabytes of storage will be available starting Feb. 5, priced at $799 for a Wi-Fi version and $929 for a device that also offers a cellular connection, Cupertino, California-based Apple said today in a statement.