March 3, 2011 at 1:47 PM ET
If you were one of the many, many folks who bought an iPad for a holiday gift, or even a month or so ago, you won't be happy to learn that the original iPad, which started at $499, is now being offered by Apple for $399.
And, if you bought an iPad within the last 14 days, Apple will refund the $100 difference to you, applicable to all six versions of the original iPad. As Apple notes on its website:
Should Apple permanently reduce its price on any Apple-branded product within fourteen (14) calendar days of the date of purchase, you may request a refund of the difference between the price paid and the current selling price. An original purchase receipt is required, and you must request your refund within fourteen (14) calendar days of the price reduction.
The pricing of the iPad 2, introduced Wednesday, is the same as the original iPad's pricing was, ranging from $499 to $829. As often happens with slightly outdated products, Apple cut the original iPad's prices to reduce inventory and make way for the new. But, dang! It was so fast — and the new iPad isn't available until March 11.
A 16 GB Wi-Fi only refurbished iPad is going for $349 from Apple.
More than 15 million iPads were sold last year, and the tablet didn't even go on the market until last April.
Meanwhile, we checked with Gazelle.com, one of several tech trade-in sites, which Wednesday touted its high iPad trade-in prices, ranging from $375 to $595. That's not today's prices, however, especially with Apple's new pricing on the original iPad. The 16 GB Wi-Fi only iPad is going for $300.
Here's the rest of Gazelle's pricing as of Thursday a.m. PT:
And those are the prices for the "moment," and for iPads in "perfect condition," said a Gazelle.com spokesman. "Obviously, these can change by the hour." And you can be sure they will.
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