The rumors that circulated prior to today's event were remarkably accurate. The two models announced today have a new design featuring rounded corners, thinner bezels and a slightly slimmer profile. The home button is gone, replaced by Apple's Face ID authentication technology, and the Lightning port and headphone jack are out, replaced by USB-C.

Inside, the new iPad Pros are packing considerably more power, driven by Apple's new eight-core A12X Bionic processor that supports its Neural Engine technology, also found on late-model iPhones. Storage capacity now tops out at 1TB. The Apple Pencil stylus has also been updated, and now features wireless charging.

With this redesign, Apple has doubled down on the iPad Pro's strengths, equipping creatives with tools backed by serious processing power, and ramping up its capabilities for AR and gaming.

Here's everything we know:

New models available in 11-inch ($799) and 12.9-inch ($999) sizes, both 5.9mm thick
New design with rounded corners and no home button
Support for Face ID (but no notch!)
A12X Bionic processor with 8 cores, support for Neural Engine
New Apple Pencil stylus with wireless charging
Updated Smart Keyboard folio
Support for USB-C
Supports output for 5K displays
Up to 1TB of storage
No headphone jack
Four speakers
New swipe-based user interface and support for split-view
Available now for preorder, ships Nov. 7
Apple also announced a new MacBook Air, which starts at $1,199 (£1,199, AU$1,849). That means that the new 12.9-inch iPad Pro now costs as much as the previous-generation $999 MacBook Air, reinforcing the company's desire to position its premium tablet as a true laptop replacement. That noted, Apple's magnetically attachable Smart Keyboard costs extra -- the 11-inch model is $179 (£179, AU$269) and the 12.9-inch version is $199 (£199, AU$299). Maxed-out configurations cost $1,899 -- and that's before adding accessories.