The mononymous "iPad," introduced in March of 2017, is Apple's new low-cost 9.7-inch tablet, designed to replace the iPad Air 2 as an affordable alternative to the 10.5-inch iPad Pro and its larger sibling, the 12.9-inch iPad Pro.
Positioned as Apple's fifth-generation iPad, as it is referred to in documentation, the new tablet is priced aggressively at $329 for Wi-Fi only connectivity and 32GB of storage space. It's far more affordable than the $649 64GB Wi-Fi only iPad Pro and it's even priced lower than the smaller iPad mini 4.
Compared to its logical predecessor, the iPad Air 2, the iPad includes a brighter 9.7-inch display, a faster A9 processor, but it's also thicker at 7.5mm. Aside from those differences, it uses much of the same hardware that was first introduced in the original iPad Air, and internally, it looks a lot like an original iPad Air.
Aside from an improved processor and brighter display, the iPad includes an 8-megapixel rear camera, a 1.2-megapixel FaceTime camera, 10 hours of battery life, Touch ID, Apple Pay support, and 802.11 ac Wi-Fi.
Compared to the more expensive 10.5-inch iPad Pro, it lacks Apple Pencil support, the Smart Connector that works with the Smart Keyboard, quad speakers, a laminated display with wide color and True Tone, and the improved front and rear cameras.
In a nutshell, the iPad is a solid improvement over the iPad Air 2 and the iPad mini 4, but it doesn't measure up to the iPad Pro. For those looking for a tablet at an affordable price or those who don't need accessory support and the additional features available in the iPad Pro, the new iPad is a steal at $329.