It’s that time again, friends. The day when Apple takes the stage to announce their new wares, when reporters and fanboys alike hang on Tim Cook’s every word, and when the rest of the industry goes into radio silence in fear that anything they announce would be immediately swallowed by the noise.

As PandoDaily strives to be the site-of-record for Silicon Valley, we clearly can’t just ignore a massive announcement from a company that sets the bar for not just the Valley, but the entire world. We’re doing things a bit differently this time though. Rather than bombard you with post after post on every minute detail, we’ve boiled the two-hour presentation down to its essence. One post, all the news. Think of it like a really big PandoTicker item.

The New iPad:

  • The new iPad will, in fact, have a Retina Display.
  • With a 9.7″ screen running at a resolution of 2048×1536, that’s 264 pixels per inch (vs 326 on the iPhone 4’s retina display )
  • It will seemingly just be called “The new iPad,” rather than “iPad 3″ or, as rumored, “iPad HD.”
  • 4G Support: LTE, HSPA+, and Dual-HSDPA. There will be two 4G models: one for AT&T’s 4G network, one for Verizon’s. Both are “3G world-ready.”
  • Powered by Apple’s new A5X chip. The “X” stands for quad-core graphics, says Phil Schiller.
  • A much improved rear camera: It’s 5 megapixels (vs ~1 on the iPad 2), and borrows much of its optics system from the iPhone 4S.
  • 1080p HD Video recording with video stabilization and noise reduction
  • Siri-powered voice dictation is now built into a button on the keyboard.
  • Apple claims 10 hours of battery life, or 9 hours with 4G enabled.
  • 9.4mm thick, weighs 1.5 pounds
  • WiFi model will cost $499/599/699 for 16,32, and 64GB
  • 4G model will cost $629/$729/$829 for 16, 32, and 64GB
  • Pre-orders begin today, and it’ll arrive on March 16th.

The New Apple TV:

  • 1080p video playback
  • A whole new, very iOS-esque interface (Older AppleTVs, or at least select models, will get the new interface. Playback on old models will still be limited to 720p, however.
  • Movie recommendations are now made through the same Genius recommendation engine Apple uses for music.
  • iCloud support is intertwined into the product, with things like Photo Stream built right in.
  • Available March 16th, it will launch for $99.

The New iPhoto App for iOS

  • Multi-touch editing, with “brushes” for things like red eye removal, saturation/desaturation, sharpen/soften, etc.
  • Can handle photos up to 19 megapixels
  • There’s a full array of Instagram-esque photo effects, from vintage filters to “artistic” tweaks.
  • “Photo Journals” (collections of photos, notes, map snapshots, etc arranged in a rather pretty, Flipboard-esque layout) can be made on the fly and shared to any browser via a generated link.
  • Photos can be “beamed” from iOS device to iOS device, printed, or shared via email, twitter, flickr, or Facebook.
  • Can handle images up to 19 megapixels
  • Will cost $5

The Miscellany:

  • The 16GB iPad 2 will stay on sale, but see a price cut to $399/$529 for the WiFi/3G models respectively.
  • Siri is learning Japanese. Japanese support will be built into iOS 5.1, which will be available today in some countries and will roll out in Japan in a few weeks.
  • iTunes movies are now stored in iCloud at 1080p.
  • There are now 200,000 apps made specifically for the iPad.
  • iMovie updated with new advanced planning and editing tools (like outlining and storyboarding)
  • Garage Band updated with iCloud support, sharing, “Smart Strings”, and Jam Session (allowing 4 connected iPads to “jam” at the same time)