Steve Jobs Unveils iPad 2 in Surprise Appearance

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Steve Jobs

The Apple Inc. Chief Executive, on a medical leave of absence, unveiled the next generation device.

Steve Jobs made a surprise appearance at an Apple press conference Wednesday to unveil the next generation iPad.

The Apple Inc. Chief Executive took a medical leave of absence earlier in the year and was greeted by a standing ovation when he appeared on the podium, according to the Wall Street Journal.

"We've been working on this product for awhile, and I didn't want to miss it," he told the audience. Jobs said the iPad 2 has a dual-core microprocessor and new design.

"We think 2011 is clearly going to be the year of iPad 2," he added.

The new iPad is faster due to an A5 chip that is twice as fast as the original chip. But it uses the same amount of power and has the same battery life as the original.

It's 33% thinner than before and weighs 1.3 pounds. The original weighs 1.5 pounds. The new version will also have a front-facing camera and will also come in white as well as black.

The new device will ship March 11.