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It’s official: Apple’s new 128GB iPad will be available in the market starting February 5, 2013.

Philip Schiller, Apple’s senior vice president of Worldwide Marketing, said the new iPad has “twice the storage capacity and an unparalleled selection of over 300,000 native iPad apps.”

“Enterprises, educators and artists have even more reasons to use iPad for all their business and personal needs,” Schiller added.

The Wi-Fi-only model will cost $799, while the Wi-Fi + LTE model costs $929.

The new iPad’s price makes it as one of the most expensive tablets around, tech site Mashable reported.