Apple has announced a new 10.5-inch iPad and a refresh of the iPad mini. The 10.5-inch iPad Air, which will sell for $499, provides 64 gigabytes of solid state storage and WiFi support. It has Apple's latest mobile processor, the A12 Bionic chip, and supports Apple Pencil and the company's smart keyboard. "The Bionic A12 is a cut above the processors used in all other tablets on the market," Tim Bajarin, president of Creative Strategies. The new 7.9-inch iPad mini, which will sell at a base price of $399 with WiFi support also has an A12 chip.