White dots and lines are flickering through my iPad Air's screen and sometimes I have to hard reboot to get the screen to work...ideas?

I just got this iPad Air (32 GB wi-fi only) brand new from an Apple store on Saturday, so it's definitely not an issue of wear and tear. Basically, it looks like my iPad has bad TV reception, there's snow everywhere and lines running up and down the screen occasionally. It's not immediately noticeable, but once you do notice it you realize that it's on the entire screen. I managed to make it go away once by rebooting it which I found odd. I noticed this last night. Today, it was working fine when I woke up but a few hours later the screen wouldn't turn on. I could use Siri still so I knew the iPad was on and funtional, but I couldn't see anything. I managed to finally get it to work by hard rebooting it (Hold down top button + home) and it came alive again, but still has the snow. I rebooted it again and it didn't go away this time. Has anyone ever heard of this and if so is there anything I can do short of taking it into a store to get it replaced? It's obviously still under warrenty and I took Apple Care on it, so I'm not frantic about this, but if there's a DIY fix out there that would be great.

Beaneebar wrote:
I don't have AppleCare and my computer is no longer under warranty, so if I have to take it in, how much do you think it will cost me?
If the machine matches your profile, Mac OS X (10.7.4), iMac 27', 2012 model, refurbished, then it should be covered under the first year of use. Contact Apple's Express Lane and verify. If it is, then after getting it fixed, purchase AppleCare—the cheapest insurance policy available for Macs.

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