Is the iPad Air or the iPad 2 the newer version?

Just looking to see what IPAD is the newest version or release. The Air or the iPad 2?

I'll eventually be looking to use the one that I buy for Business Applications in a retail environment. So, I obviously want one that can house the most amount of hardware capabilities like memory, and processor speed, etc.

And, I don't want to find myself with the older version and in need to upgrade well before I even purchase the product. lol

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    iPad Air is the newer model.

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