Apple has unveiled the third version of its iPad.



NEW YORK (TheStreet) - Apple(:AAPL) has announced the latest version of its iPad tablet.

The company unveiled the product at a media event Wednesday at the Yuerba Buena Center for the Arts in San Francisco.

The new version of the iPad will have Retina Display.

Apple also announced a new version of its set top box, Apple TV. It will come with 1080p support. It also announced a new version of its operating system, iOS 5.1.

Apple shares rose 0.69% in afternoon action to $533.90.

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--Written by Chris Ciaccia in New York

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