updated 12:24 pm EDT, Thu April 17, 2014
Prices start at $339
For the first time, Apple's online store has begun selling refurbished versions of the Retina iPad mini. The option drops the price of a 16GB Wi-Fi model to $339, $60 less than its usual cost. 32GB has been reduced $80 to $419, and 64GB models have been cut $90 to $509. Cellular-equipped Minis aren't yet available in refurb form.
While refurbs are technically used, Apple tests and certifies each unit, and replaces the battery and the outer shell. Each purchase comes with a new one-year warranty.
It typically takes several months after a device's launch for Apple to put refurbs on sale. The company is presumably waiting for a critical mass of returned units, and also trying to avoid stepping on the profits from regular retail prices.