The day every Mac lover has been waiting for is finally here. The details of the iPad 3 are finally here.

Here's how the new iPad is better than the last:

Retina Display

As predicted, the iPad 3 features a high-definition screen with 2048 x 1536 resolution. Do the math and you get more than 3.1 million pixels. That's the most ever in a mobile device, and even more than a standard HD TV.

A5X processor

This chip runs four times faster than NVIDIA's Tegra 3. That's great news for gaming and processor-intensive apps like iMovie.

iSight Camera

The third-generation iPad includes a 5-megapixel rear-facing camera that utilizes the same optics system that debuted in the iPhone 4S. The front-facing camera remains 0.3 megapixel camera capable of VGA quality images.

1080p Video Recording

Full HD video recording has come to the iPad, with video stabilization and noise reduction. 720p is no more.

4G LTE

4G LTE will be available in the US from both AT&T and Verizon. Apple's software now supports hotspots that can accommodate up to five other devices, provided the user's cellular plan does too.

Voice Dictation

It's not quite Siri, but it will recognize English, French, German, and Japanese.

Pricing remains the same, at $499 for 16GB, $599 for 32GB, $699 for 64GB for WiFi-only models. iPad Wi-Fi + 4G for either AT&T or Verizon will be available $629 for 16GB, $729 for 32GB, and $829 for 64GB.

The iPad 3 will be available on March 16 in the United States, Australia, Canada, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore, Switzerland, UK and the US Virgin Islands.