iPad Pro to gain an edge in tablet market

Despite shrinking shipments, Apple Inc launched a bigger version of its iPad on Thursday, positioning it as a product different from a tablet or a laptop.

Tim Cook, chief executive officer of Apple, described the newly unveiled iPad Pro, with a significantly bigger screen, as "the biggest news in iPad since the iPad".

According to Cook, the "iPad Pro", with a 12.9 inch screen, can perform like a desktop computer. Apple has also equipped the tablet with a smart keyboard and a stylus called "Pencil".