A redesigned, High-End iPad with Face ID Coming in 2018

Apple likely won't use an OLED panel, but rather an LCD, however.

The new model will be like Apple's previous 10.5-inch iPad Pro, and include face-ID for unlocking the device, Apple pay for users, and an animated emoji feature.

The sources, speaking to Bloomberg, claim that at least one iPad model with around a 10.5-inch display is in the pipeline, and that it will feature Face ID.

In addition to all these, the new iPad is also expected to feature a faster processor coupled with a custom graphics processing unit by Apple. If they eliminate the Touch ID home button, they will be able to diminish the iPad's bottom bezel, being closer to the edge of the gadget. The estimated time when the new iPad will be launched is in the fall of 2018.

iPad sales have been in steady decline for the past three years. Year-to-date, AAPL has gained 54.06%, versus a 17.57% rise in the benchmark S&P 500 index during the same period.

According to a report published by Bloomberg, Apple is now working on a new high-end iPad that will integrate the iPhone X's Face ID facial recognition technology as well as a high screen-to-body ratio. This is why Apple is looking for ways to make the product popular again.

While the iPad business remained highly lucrative for Apple until 2015, it has recently been generating lower revenues than Apple's Mac and services businesses. Still, the iPad has brought Apple $4.8 billion of revenue in the past quarter alone. The wireless charging feature would also be a nice way to offer a complete range of Apple devices that can all be charged on a single surface at night, avoiding plugging in more devices. With new technologies like Face ID making an appearance, next year's iPad could be just as successful. It will also feature an upgraded Apple Pencil stylus and enhanced stylus software tools, the report adds.

  • Joe Gonzales