The iPad 2 features the new Apple A5 processor. This processor has two cores and delivers 2x performance as compared to the Apple A4 processor that was used in the first generation iPad.
Graphics are 5 times faster and the iPad 2 is the first dual core table to ship in volume. Despite the speed jump, the power consumption is same as the Apple A4 processor. iPad 2 will be made available in two colors – black and white.