Apple announced the iPad Air previously called the iPad 5 with a thinner and lighter design. It's 7.5 mm to total 24% reductions in overall volume over the iPad 4.
The price of the iPad 2 has been reduced to $399 for the 16GB Wi-Fi model and $529 for the 16GB Wi-Fi + 3G model for either AT&T or Verizon. To see the difference see the table below.