Apple will pay more than $2 million as penalty after agreeing it misled the public in Australia by selling its new iPad as 4G-compatible, according to "The Australian" (http://macte.ch/T9XuT).

The article adds that Apple has agreed to settle a case brought by the Australian Competition and Consumer Commission (ACCC) that alleged the new iPad could not access local 4G networks, despite being sold as the new iPad "with WiFi + 4G".

The ACCC, the country's consumer watchdog had taken Apple to court for false advertising because the tablet computer doesn't work on Australia's 4G network. Apple's lawyers said they were willing to publish a clarification, but said the company didn't mislead customers. On its website, Apple did state that 4G LTE is only supported on selected networks in the US and Canada.