Apple Inc CEO Tim Cook Speaks About The New iPad Air
IN PHOTO: Apple Inc CEO Tim Cook speaks about the new iPad Air and the iPad mini with Retina display during an Apple event in San Francisco, California October 22, 2013. Reuters/Robert Galbraith

Apple's iPhones have generally performed well with consumers continually patronizing the product line. This has not translated lately to the company's iPad series which Apple wants to revive this upcoming October 16. As competitors continue to gain ground in the tablet sector challenging iPad's position, Apple is set to unveil its refreshed line through the iPad Air 2 and iPad Mini 3. A recent company leak confirms just that promising better functionality for the devices.

In a series of screenshots reported by 9to5Mac and TIME, Apple accidentally leaked details of two of its upcoming tablet series: the iPad Air 2 and the iPad Mini 3. The leak was spotted on the iTunes store with the line posted: "everything you need to know about iPad, in a handy format." The latest update indicated the page still live around 1:45 p.m. ET. Among the specs listed, the posting confirms inclusion of the TouchID although the upcoming iPads looks similar to the previous models. Despite the reported improvements on the processor and performance, it appears the iPads will remain the same design-wise.

According to New York Times, the upcoming iPad Air promises to be faster and thinner compared to the initial model. The report cited an Apple employee who shared the details under anonymity condition. The plans are not officially announced yet but people can bank on several improvements on the tablet series.

Similar to the iPhone 6, the tablets will also reportedly sport Apple Pay support allowing mobile payments. Apple will continue to create a similar setup for the iPad like adding a gold variant in hopes of sustaining sales and success similar to the iPhone series. The iPhone 6 and iPhone 6 Plus devices have been breaking records selling like hotcakes since release.

IDC placed the iPad market share at 26.9 percent. This is more than the global market share of Samsung at 17.2 percent and Lenovo at 4.9 percent. However, sales have been suffering with the iPad losing as much as 9.3 percent compared to the previous year according to IDC. Analysts are on the lookout on how Apple plans on saving the product line.