Updated
December 10, 2015.
The two most common reasons for resetting an iPad to the factory default settings are to prepare the iPad up for a new owner or to overcome a problem with the iPad that simply rebooting the iPad won't solve.
If you are planning on selling your iPad, or even giving it to a family member, you will want to reset the iPad to the factory default settings. This will wipe your iPad, erasing the settings and data, and returning it to the exact state as when you first opened the box.
By wiping the iPad, you allow it to be set up properly by the new owner. You also protect yourself and your personal information by making sure all of the settings and data are erased from the iPad.
Important: If you are planning to sell your iPad, you should turn off Find My iPad before resetting the iPad to factory default.
Resetting the iPad is also used as a troubleshooting tool. Many common problems can be solved by deleting the offending app and downloading it again from the App Store or powering the iPad down and restarting it, but problems that persist beyond these steps will usually clear up after resetting the iPad.
If you are hoping to clear up an issue on your iPad, you will want to make sure you backup the device to iCloud.
The first step is to open the iPad's settings. This is accomplished in the Settings app, which is the app icon that looks like gears turning. Once inside the settings, locate the "General" settings on the left-side menu. The "Reset" option is at the very end of the general settings.
Once on the Reset page, you will have several options.
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