Apple launches £739 iPad with 128GB storage

The new version of the iPad will include a 9.7-inch Retina display and an HD FaceTime camera. Credit: PA

Apple launched a new version of its iPad tablet today with double the memory space of its current largest model.

The beefier 128GB fourth generation iPad will go on sale online and from Apple stores on Monday, with more storage space for users' music, games and apps.

The most expensive version with wifi and 3G mobile connectivity will have a recommended retail price (RRP) of £739, just £110 cheaper than Apple's MacBook Air laptop computer.

Apple shares plunged 10 percent last week after the company reported quarterly results that point to growth slowing after five fat years.