Billed as an "active stylus" for the iPad, the
iPen can be recognized by the tablet even when the tip hovers above the display. Allowing for improved stylus accuracy, but also facilitating an on-screen cursor.
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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/-T1JbUbsH3c/the-first-ipad-stylus-with-an-on+screen-cursor
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