As expected, Apple has today refreshed its iPad lineup. The firm has revealed that it’s dropped the 9.7-inch iPad Air 2 in favor of a new device simply called the iPad. While it may seem pretty familiar on the outside, the slate has seen a couple of much-needed upgrades on the inside.

The iPad packs Apple’s snappy A9 processor, which debuted on board the iPhone 6S and iPhone 6S Plus, instead of the aging A8X chip found on the iPad Air 2. The brightness of its display has also been improved, though it still sports a resolution of 2,048 x 1,536 pixels.

“New customers and anyone looking to upgrade will love this new iPad for use at home, in school, and for work, with its gorgeous Retina display, our powerful A9 chip, and access to the more than 1.3 million apps designed specifically for it,” said Senior Vice President of Worldwide Marketing at Apple, Phil Schiller.

The price is the iPad’s most appealing feature

Without a doubt, the most appealing factor of the new iPad is its price. The 32GB Wi-Fi model will be available for $329 when it goes on sale on Friday, March 24, while the 128GB Wi-Fi variant will carry a price tag of $459 (unfortunately, there isn’t a 256GB option); making the erm… iPad… the cheapest mid-size iPad to date.

The iPad mini 4 has also been the subject of some changes

On a related note, in an effort to make the iPad mini 4 a more attractive option for consumers, Apple has axed the 32GB Wi-Fi version and replaced it with a 128GB variant. The best news? Pricing starts at $399, which was previously the price of the 32GB model. Now that’s great value for money.