Apple Sells Refurbished iPads and iPad Minis

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Ipad mini in hand

In what could be another bad sign for the demand for Apple Inc. (NASDAQ: AAPL) products, the company has begun to sell some refurbished iPads and iPad minis.

Several of these products have only been in the market for few months. Either Apple has found that people have dropped the products because they do not like themo or perhaps these customers anticipate another iPad launch soon and just want to clear their desks, homes and offices of old inventory.

According to Apple Insider:

The refurbished mini and fourth-gen iPad are now available in Apple’s online store. Customers can pick up a black 16GB iPad mini with Wi-Fi + Cellular for $429 or a White 32GB Wi-Fi only model for $389.

Customers looking for a full-size iPad can pick up the fourth-generation iPad, which features an improved processor and compatibility with Apple’s new Lightning connector standard. Refurbished fourth-generation models run from $449 for a white 16GB Wi-Fi only model to $679 for a black 32GB Wi-Fi + Cellular model.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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