Michigan-based retailer selling iPad 2s for $429

| Monday, February 13th, 2012

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If you’re in the Michigan area, you’re in luck. One retailer is offering a steep discount on the iPad 2 for a limited time.

Josh Ong:
[quote]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 weekly ad 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.[/quote]

Without question, we’re all expecting the next iPad to at least be announced in the next three weeks. As soon as the next iPad is announced, the older models won’t be able to sell for the same price. Why take a loss now when uninformed consumers will still buy an iPad 2 at full price? Perhaps they’re betting on needing to clear out their stock for the upcoming iPad 3. Only Meijer knows how things are selling for them, but it seems almost silly to the rest of us. We’re sure they’re hoping you’ll come for the cheap iPad, and stay for the overpriced cables.

Are you going to grab a cheap iPad now, or wait for the new, shiny model to ship? Let us know in the comment section below this post. We’re pretty curious about the life cycle of products in this emerging market.

Hat tip to Apple Insider

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