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Retailer slashes iPad 2 price by $70 ahead of 'iPad 3'

post #1 of 32
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Meijer, a regional big-box retailer in the U.S., has slashed the in-store price of the 16GB iPad 2 with Wi-Fi by $70, even as Apple's third-generation tablet is expected to hit the market within weeks.

The chain announced the sale in its for the week of February 12 - 18, noting that it runs only while supplies last and does not include rain checks or substitutions. A separate listing on the company's website lists the $429 price as lasting until Feb. 25 and notes that the iPad 2 deal is only available in stores.

The Smart Cover iPad 2 accessory is also on sale for $35, $5 off Apple's price. In addition, Meijer is offering a free $15 iTunes gift card with the purchase of an 8GB iPod touch for $195 this week.

Meijer is a Michigan-based supermarket chain that has been credited with popularizing the "supercenter" retail concept. The bulk of the company's stores are in Michigan, though it also has locations in several other surrounding states.

The $70 off sale is one of the steepest discounts for the iPad 2 since the device was released last March. For instance, Best Buy offered $45 off all iPad 2 models last year ahead of the Black Friday retail frenzy. Apple itself offered between $41 and $61 off during its own Black Friday promotion.




Given that recent reports have pegged the first week in March as the likely time frame for the launch of the third-generation iPad, Meijer's deal could be viewed as an effort to clear out inventory before the new devices arrive.

Apple's next tablet is widely expected to have a high-resolution Retina Display with double the pixel density as the current model, as well as a significantly faster A6 processor. Some reports have also suggested that Apple could make the jump to 4G with the release of an LTE-capable iPad next month.

[ View article on AppleInsider ]
post #2 of 32
You might also add a better camera and Siri Assistant software capability built in. If you are going to upgrade over iPad2, give it a good kick start... plus there is also perhaps a double life battery involved. The graphics support will be maybe 20 times better that iPad.
post #3 of 32
Makes sense. They are not an authorized reseller so they can't return anything that doesn't sell even if Authorized sellers can. So they have to make sure that they sell their stock out. And once the iPad 3 is announced, forget selling those iPad 2s.

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post #4 of 32
Apple is DOOM!
post #5 of 32
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Originally Posted by Relefunt View Post

Apple is DOOM!

I always considered Apple more Quake IIish.
post #6 of 32
I've been seeing a lot of discounts on iPod Touches, too. It makes me wonder if that is also going to be updated soon. Maybe it's going to get Siri support?
post #7 of 32
Only 70$ if you want a cheap iPad 2 just wait 2-3 monthsnthey will be on easy new for 200-300$...
post #8 of 32
Quote:
Originally Posted by charlituna View Post

And once the iPad 3 is announced, forget selling those iPad 2s.

I disagree with that. Even today in 2012, 4% of all iPhones sold are the ancient iPhone 3G model!

This is no Android tablet that we're talking about here. Of course, most people are going to want to get the newest iPad, which is the iPad 3 when it gets released, but there will still be many people who will be more than happy to get their paws on an iPad 2. The iPad 2 is currently the best tablet on the planet and when the iPad 3 is released, the iPad 2 will become the second best tablet on the planet.

And for those people who can't afford an iPad 3, people who have perhaps been considering one of those bargain bin, junky Android tablets, a cheaper iPad 2 will be a perfect solution.
post #9 of 32
Quote:
Originally Posted by AppleInsider View Post

Meijer, a regional big-box retailer in the U.S., has slashed the in-store price of the 16GB iPad 2 with Wi-Fi by $70, even as Apple's third-generation tablet is expected to hit the market within weeks.



Inventory clearance? I don't understand. The iPad sells as quick as Apple can make them.
post #10 of 32
Quote:
Originally Posted by ShAdOwXPR View Post

Only 70$ if you want a cheap iPad 2 just wait 2-3 monthsnthey will be on easy new for 200-300$...

Nah man. Just the cost of parts in an iPad 2 is considerable. Nobody will be selling any brand new iPad 2's for that cheap. And nobody needs to.
post #11 of 32
Quote:
Originally Posted by I am a Zither Zather Zuzz View Post

Inventory clearance? I don't understand. The iPad sells as quick as Apple can make them.

I am not surprised.

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post #12 of 32
Just to prove how well Apple products retain their value compared to other products, just go to Gazelle and see how much they offer somebody for a used iPad 2. The answer is $270 for the 16GB, $499 iPad WIFI model. How much does Gazelle offer somebody who paid $595 for a Motorola Xoom 32 GB WIFI?

$95
post #13 of 32
Quote:
Originally Posted by Apple ][ View Post

Just to prove how well Apple products retain their value compared to other products, just go to Gazelle and see how much they offer somebody for a used iPad 2. The answer is $270 for the 16GB, $499 iPad WIFI model. How much does Gazelle offer somebody who paid $595 for a Motorola Xoom 32 GB WIFI?

$95

Note that retail price (at least for the iPad) is much higher. The cheapest price for a new iPad 2 on eBay is $465 - and they go up quickly from there. The cheapest USED one is $375 plus shipping (not counting the broken ones). Heck, the cheapest first generation iPad is $300 used (not counting the broken ones).
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post #14 of 32
Quote:
Originally Posted by jragosta View Post

Note that retail price (at least for the iPad) is much higher. The cheapest price for a new iPad 2 on eBay is $465 - and they go up quickly from there. The cheapest USED one is $375 plus shipping (not counting the broken ones). Heck, the cheapest first generation iPad is $300 used (not counting the broken ones).

That's true. Somebody looking to sell their iPad 2 can do a lot better than selling it on a site like Gazelle. Ebay or Craigslist will net somebody a higher price.

I was originally thinking about selling my iPad 2 before I picked up the iPad 3, but I've now decided to keep it instead. A person can never have too many iPads! As a matter of fact, I wouldn't mind having three iPads. They would work nicely together with my music setup.
post #15 of 32
I've been convinced that keeping the 16GB WiFi-only iPad 2 at the $399 price point makes sense.

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post #16 of 32
Quote:
Originally Posted by ShAdOwXPR View Post

Only 70$ if you want a cheap iPad 2 just wait 2-3 months n they will be on easy new for 200-300$...

Quote:
Originally Posted by jragosta View Post

Note that retail price (at least for the iPad) is much higher. The cheapest price for a new iPad 2 on eBay is $465 - and they go up quickly from there. The cheapest USED one is $375 plus shipping (not counting the broken ones). Heck, the cheapest first generation iPad is $300 used (not counting the broken ones).

The iPad 3 will be available at the old iPad 2 prices, so the current inventories need to be dumped at a discount, or suffer a more deeper discount in a couple of weeks. If Apple keeps the iPad 2 around at a lower price than currently then the old stock will be worth even less. Better to sell it at $70 off now than $150 off in March.
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post #17 of 32
Quote:
Originally Posted by solipsismx View Post

i've been convinced that keeping the 16gb wifi-only ipad 2 at the $399 price point makes sense.

$299...
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post #18 of 32
Quote:
Originally Posted by Dick Applebaum View Post

$299...

agreed, $299 would be perfect to disrupt the Amazon Kindle Fire.
post #19 of 32
Quote:
Originally Posted by Apple ][ View Post

Nah man. Just the cost of parts in an iPad 2 is considerable. Nobody will be selling any brand new iPad 2's for that cheap. And nobody needs to.

Wrong. When the iPad 2 first went on sale, you could pick up 64gig iPad 1's for 349 from AT&T. I know because I have one. My wife uses it on trips instead of her laptop. And to be honest, the 2 wasn't such a huge improvement over the original, so if the 3 is as big an upgrade as its supposed to be, expect similar if not deeper discounts on existing stock once it's released.
post #20 of 32
If the 3 has the screen everyone is hoping, it will be at a higher price point than the 2 is currently.

Apple will continue the 2. There is no way of knowing how much if anything they will drop it by. If it is only $50 these guys will feel silly.
post #21 of 32
Quote:
Originally Posted by ShAdOwXPR View Post

Only 70$ if you want a cheap iPad 2 just wait 2-3 monthsnthey will be on easy new for 200-300$...

I plan on giving my first gen to my kid and getting a refurb IP2 at a steep discount from apple.
post #22 of 32
Quote:
Originally Posted by ascii View Post

If the 3 has the screen everyone is hoping, it will be at a higher price point than the 2 is currently.

Nope. They will maintain the current price point. If they couldn't, they wouldn't release it yet.
post #23 of 32
Quote:
Originally Posted by Dick Applebaum View Post

$299...

$399. "Fifteen-Love!"

Quote:
Originally Posted by irnchriz View Post

agreed, $299 would be perfect to disrupt the Amazon Kindle Fire.

No, Apple couldn't care less about that. It's not a tablet in the same sense as the iPad. To lower the price to $299 would be to legitimize its existence.

When the iPad SELLS OUT at $499, there's ZERO reason to take it to $299, save to legitimize "competition" when they don't have a freaking chance to begin with.

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post #24 of 32
Quote:
Originally Posted by AppleZilla View Post

Nope. They will maintain the current price point. If they couldn't, they wouldn't release it yet.

Agreed. If they make iPad3 starting at $599? That'd be the biggest mistake of AAPL since Tim took over.

Yes the screen is costly, and will probably squeeze the margin a bit in the beginning. But let's face it, with Kindle Fire at $199, iPad3 starting at $599 would be 3 times the price of the Fire.

As of Ipad2? $299 might be too cheap for the loyal AAPL fans, but it's also necessary. I mean, who would buy iPad2 at $399 when iPad3 is only $499?
post #25 of 32
Quote:
Originally Posted by drobforever View Post

As of Ipad2? $299 might be too cheap for the loyal AAPL fans



Quote:
but it's also necessary.

When it already sells out at $499, how is it 'necessary'?

Quote:
I mean, who would buy iPad2 at $399 when iPad3 is only $499?

The same people that buy a base model MacBook Air when the next one is only $100 more.
The same people that buy a base model iPod touch when the next one is only $100 more.
The same people that buy a base model iPhone when the next one is only $100 more.
The same people that buy a base model iPad when the next one is only $100 more.
The same people that buy a base model iPod nano when the next one is only $20 more.

Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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post #26 of 32
Quote:
Originally Posted by Tallest Skil View Post


The same people that buy a base model MacBook Air when the next one is only $100 more.
The same people that buy a base model iPod touch when the next one is only $100 more.
The same people that buy a base model iPhone when the next one is only $100 more.
The same people that buy a base model iPad when the next one is only $100 more.
The same people that buy a base model iPod nano when the next one is only $20 more.

You're trying to be misleading. We're talking about a better display for iPad3, that's a huge improvement compared to iPad2, and you are only paying $100 more. MacBook Air, seriously you get a slightly better processor, and? I mean, functionally speaking there's no difference. same for iPod/iPhone when the only difference is storage, which people don't even think it's worth the price difference. If you can't understand the difference between a those improvements, you need a brain doctor.
post #27 of 32
Quote:
Originally Posted by drobforever View Post

You're trying to be misleading. We're talking about a better display for iPad3, that's a huge improvement compared to iPad2, and you are only paying $100 more.

Mark my words, people will still buy the iPad 2 in droves at a $100 price reduction. A $200 drop goes against Apple's pricing structure for all the past iOS device releases in addition to the point I've already made about legitimization.

And really, Apple doesn't WANT to keep selling the iPad 2. They want to sell the iPad 3.

Do you think Apple's upset that the iPhone 3GS and iPhone 4 make up such a small portion of the total iPhone sales right now? I doubt it.

Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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post #28 of 32
Quote:
Originally Posted by Tallest Skil View Post

Mark my words, people will still buy the iPad 2 in droves at a $100 price reduction. A $200 drop goes against Apple's pricing structure for all the past iOS device releases in addition to the point I've already made about legitimization.

And really, Apple doesn't WANT to keep selling the iPad 2. They want to sell the iPad 3.

Do you think Apple's upset that the iPhone 3GS and iPhone 4 make up such a small portion of the total iPhone sales right now? I doubt it.

It has to be at Keats 349$, 299 will be the perfect price to hold off cheap android tablets both in the consumer market and education...
post #29 of 32
Quote:
Originally Posted by ShAdOwXPR View Post

It has to be at Keats 349$, 299 will be the perfect price to hold off cheap android tablets both in the consumer market and education...

I don't know what Keats is; it doesn't show up Oh, 'at least'. At least which way? High or low?

It doesn't matter how cheap the iPad 2 is if it's only the 16GB modelthat will be virtually worthless for textbooks.

Oh, here's an idea

The iPad 2 is kept on at $399 but it's the 64GB model. Apple will still make money on every one sold.

Then the iPad 3 comes in at 32GB, 64GB, and 128GB.

There's your reason to keep buying it, even though that's not their intent, anyway.

Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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post #30 of 32
Quote:
Originally Posted by Dick Applebaum View Post

$299...

Quote:
Originally Posted by Tallest Skil View Post

$399. "Fifteen-Love!"

I'll "Thirty-Love" that as I don't think a 40% discount is Apple-style. Never mind that do that sometimes, like Aperture v1.0, but for a hardware product that is already selling so well I think $399 is a good guess.

And no to a $599 iPad 3rd gen. That would be over the top, even for Apple. Some people are still in recession, unlike some CE companies¡
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post #31 of 32
Quote:
Originally Posted by PhilBoogie View Post

And no to a $599 iPad 3rd gen.

Well, sure, there'll be one. It'll just be the second capacity size up the scale (32/64).

Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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Originally posted by Marvin

Even if [the 5.5” iPhone] exists, it doesn’t deserve to.
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post #32 of 32
There really is no reason to lower the price to 299 when it is able to sell at its orignal price.
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