It has an M1 chip in it like my iPad pro. The only real difference is the camera but I don’t really care about that as I mostly take photographs with my iPhone 11 aside from the occasional selfie. Unfortunately you only get two storage options, 64GB and 256GB. I went with 256. This should last me a super long time, I haven’t used up half of my storage on my 128GB iPad Pro.I wanted the iPad Pro 4th gen with 512 GB but since this is a better deal I went with this. I also purchased a case, screen protector, and camera lens protector. They arrive tomorrow while the iPad will arrive Tuesday. It’s pretty much the same as my iPad Pro minus a few changes like having Touch ID instead of Face ID (I like Touch ID more than Face ID as it’s more accurate, I had it on my iPhone 8+).