Retina is just an Apple brand name, it's actually an IPS display. It's quite amazing how Apple invents a name for something and charges more than double compared to competition, plenty of suckers I guess.
Not entirely true. While every "Retina" display is an IPS display, not every IPS display is a "Retina" display.
The Retina display is an IPS display with a much higher ppi resolution than the IPS displays that have been around before. And according to my knowledge, Apple was one of the very first companies to offer such high ppi displays.
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