For those of you debating between getting laptop repair or purchasing a new computer, Apple's long awaited unveiling of its latest tablet computer may indeed change your mind.

The latest iPad, known as the iPad HD, was presented at a press conference in San Francisco this morning, and features a built-in high-resolution retina display that has even more advanced quality images than a high-definition television screen.

"That's four times the number of pixels in iPad 2 and a million more than an HDTV," reads the new product's website. "Those pixels are so close together, your eyes can't discern individual ones at a normal viewing distance. When you can't see the pixels, you see the whole picture. Or article. Or game. In ways you never could before."

In addition, the new tablet computer connects to a 4G LTE network, has a five megapixel camera and offers increased power with its new A5X chip.

Apple's CEO Tim Cook gave the presentation on Wednesday for the iPad HD, which will sell for a reported $499 for Wi-Fi only, and for $629 for 4G models - plus the cost of wireless network service plans.

"In many ways the iPad is reinventing portable computing, and it's outstripping the wildest of predictions," said Cook at the conference.

Like its latest laptops such as Apple MacBook Air or smartphones like the iPhone 4S, the iPad HD is also thinner and sleeker than its predecessors, as the company once again places a large amount of focus on visual aesthetic and display.

The latest version of the Apple TV box was also introduced at the event, which streams high-definition videos directly to television sets.