After all the anticipation, today's Apple Event did not disappoint.

The company has just unveiled a refreshed version of its incredibly popular iPad Air line of consumer tablets, as announced by CEO Tim Cook and detailed in an official press release.

This fifth-generation iPad Air arrives 18 months after the last refresh and comes with specs-a-for-all. For starters, the new Air is powered by Apple’s powerful M1 chip, the same chip that powers the latest iPad Pro and Macbook Pro models.

All told, the tablet's 8-core CPU promises up to 60 percent faster performance, while the upgraded 8-core GPU promises twice the graphics performance compared to the previous version.