This week, Apple $AAPL released a new lineup of iPads.

At the center of attention was the new iPad Pro, the company's most expensive tablet yet. It features a new OLED display and the latest M4 chip, and the company can boast that it's the thinnest Apple product in history. The 13-inch model with 256GB of memory costs $1299. Looking at the iPad segment, Apple's revenues have hardly grown since 2014, and in the last quarter, they fell by 17% compared to the previous year.

However, during the latest earnings call, CFO Luca Maestri stated that double-digit sales growth for iPads is expected in the current quarter compared to the previous year. It will be interesting to see how this release, which CEO Tim Cook called "the biggest day for iPad since its inception," will fare over the next few quarters.

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