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Apple cuts prices of refurbished iPad and iPad 2

Apple has been steadily cutting the prices of the older versions of its iPad ever since the third generation of its bestselling slate got launched a couple of months back. A brand new iPad 2 got its price slashed by $100 straight away, dropping down to $399, giving up the $499 entry level price point to the new iPad. There was a trading in scheme launched by Apple, along with plenty of other third party resellers, that helped iPad 2 owners recoup some money before they went in to buy the new iPad.

A white iPad 2

However, the refurbished versions of the old iPads have been getting the most significant price cuts themselves in the same period. For instance, at the time the iPad 2's price touched $399, its refurbished avatar was selling for even lesser - a whole fifty dollars less, in fact. This made it a lot more accessible to Apple enthusiasts without deep pockets.

Now, the prices of refurbed iPads have hit a new low. The iPad 2's refurbished version costs just $319 now, while the original iPad comes in at $279. The former's price cut is $30 for the entry level 16GB WiFi version, but the cuts extend beyond $50 for higher capacity versions.

The most likely reason for the price cut is the announcement that Apple will be bringing in a new version of its iPad 2. This new model will house a more power efficient processor, and boasts a battery life of up to 12 hours.

The complete list of price cuts is as follows:

iPad 2
- 16 GB Wi-Fi: $319, down $30 from $349
- 32 GB Wi-Fi: $399, down $50 from $449
- 64 GB Wi-Fi: $499, down $50 from $449
- 16 GB Wi-Fi+3G: $449, down $30 from $479
- 32 GB Wi-Fi+3G: $529, down $50 from $579
- 64 GB Wi-Fi+3G: $629, down $50 from $679
Original iPad
- 16 GB Wi-Fi: $279, down $20 from $299
- 32 GB Wi-Fi: $349, down $50 from $399
- 64 GB Wi-Fi: $449, down $50 from $499
- 16 GB Wi-Fi+3G: $379, down $20 from $399
- 32 GB Wi-Fi+3G: $449, down $50 from $499
- 64 GB Wi-Fi+3G: $549, down $50 from $599



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