Apple Press Event Today at 1pm ET, Follow Our Live Blog

Apple is hosting a press conference today at 10am PT/1pm ET, where they are likely to unveil their new iPad. The new tablet is expected to be smaller, sleeker and have a higher resolution screen. Steve Jobs may show up at the event, despite being on medical leave.

The iPad 2 comes just as the tablet market is beginning to explode. And a new tablet from the company that brought the first tablet to market only last year is expected to do well.