Apple Lowers Price of Refurbished iPad 2 Models

With just a few weeks left until Christmas, Apple has decided to slash prices on its refurbished products, more specifically the iPad 2. Apple is cutting the prices on the refurbished models of the iPad 2 by a whopping $80, which means that a normally retail price of $500 for a 16GB WiFi model would cost you only $419.

This is a large discount, especially on an Apple product that is currently being produced, shipped, and purchased in high volumes.

Refurbished models of iPad 2 and even iPhone 4S’ come into the retail stores after they are found to be defective. Customers who are unhappy with their product or have discovered some sort of defect may return the product. However, Apple makes sure the returned product undergoes close inspection and an entirely new shell is put before being sold as a refurbished device. Apple also adds a new battery to every refurbished device.

Apple currently sells the refurbished products on its online store, and also gives them out as replacements in retail stores. However, it is very likely that Apple is looking to clear out stock of the iPad 2 in order to make way for the new iPad 3, pegged for release in February 2012.

iPad 3 is expected to receive Apple’s A6 chip, a better camera, and possibly Siri as one of the key features of iOS.

{via TUAW}

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Kaled AliApple Lowers Price of Refurbished iPad 2 Models