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Refurbished iPad 2 prices drop to as low as $419

updated 10:50 am EST, Fri December 9, 2011

Holidays, iPad 3 may be motivations for Apple

Apple has once again dropped the cost of refurbished iPad 2s at its online store, checks show. A 16GB Wi-Fi model now costs only $419, $30 less than a recent figure, and $80 off the price of a new equivalent. 32 and 64GB Wi-Fi refurbs have been cut by $50 to $499 and $599, while 3G tablets are still $80 to $100 off their brand-new prices.

Refurbished iPads include a year-long warranty, as well as a new battery and outer shell. Apple likely has several incentives for lowering their cost; the first is the holidays, since going cheaper may increase the attractiveness of an iPad as a gift. This year the company may be facing extra pressure, as even $419 is well above the cost of Amazon's Kindle Fire, which is selling for just $199. Lastly though the company may be keen to clear out stock ahead of the iPad 3, which could conceivably ship as soon as February, though March or April is more frequently anticipated.

by MacNN Staff




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