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Don’t even try using an old iPad Pro magnetic stand with the new models because they won’t work, the iPad will slip, and so you could even damage your new device.

An older iPad Pro firmly gripped by magnets in a stand

An older iPad Pro firmly gripped by magnets in a stand
It isn’t as if the risk of damage to your new iPad Pro is great, but even the new, stronger design is vulnerable at the corners. So if you did try mounting the new iPad Pro on a stand built for the old one, it will fall and it will likely strike the desk or ground on one of those edges.
The reason you can’t use that expensive old stand is down to the redesign of the iPad Pro and ultimately because of how much thinner it is than its predecessor. But this is not like when Apple released the last version of the iPad Pro in 2021.
If you’re buying a new iPad Pro, your old magnetic stand won’t work
If you’re buying a new iPad Pro, your old magnetic stand won’t work