It does, although it will slow down if you load in large data e.g. big PDFs or large boards with huge amounts of ink. I have an iPad I use for testing that cos

It does, although it will slow down if you load in large data e.g. big PDFs or large boards with huge amounts of ink. I have an iPad I use for testing that cost me $250 on Amazon back in 2019! But watch out for Pencil versions, not all are compatible with every iPad model.