"Most of the trade-ins are iPad 2s, which shows that the early adopters - people who bought an iPad and then an iPad 2 - are the first to commit to the iPad 3," said Trachsel. "But recently we've seen a pretty massive increase, as much as 800% above last month, in quotes for the iPad."īoth Gazelle and NextWorth provide trade-in quotes to potential customers, who select options to describe the conditions of their iPads and designate the model. "There wasn't a lot of activity in January, I think because people were keeping their powder dry," said Trachsel about the rumors that swirled even then of an impending iPad 3.
Rival buy-back company NextWorth has also seen a massive jump in iPad trade-ins, Jeff Trachsel, that company's chief marketing officer, said in an interview today. It's expected to go on sale shortly after the launch event Apple will hold in San Francisco next Wednesday. The new iPad, dubbed iPad 3 by almost everyone - even though Apple hasn't officially given it a name, priced the various models or even disclosed changes from 2011's iPad 2 - will be the third in Apple's tablet line. Gazelle is one of several companies that purchase older devices, including smartphones and tablets, from users, then refurbish and resell them direct to consumers via eBay and, as well as to wholesalers. "The jump in volume happened a lot earlier than last year for the iPad." "People are very eager for the iPad 3," said Anthony Scarsella, the chief gadget officer of Gazelle, attributing that enthusiasm for a 500% jump in quotes that his company has served compared to last month. Their reports were consistent with those from online auctioneer eBay, which said that it had fielded 10 times more tablet trade-in offers - nearly 98% of which were for iPads - on its Instant Sale site this month than during the same stretch last year before the iPad 2's debut. reports:Īpple’s heavily anticipated launch event for the iPad 3 tablet will take place on Wednesday, March 7th at the Yerba Buena Center for the Arts in San Francisco, according to an e-mail we just received from Apple.Ĭomputerworld - Talk of the impending debut of Apple's newest iPad, including the company's announcement yesterday of a March 7 launch event in San Francisco, has pushed tablet trade-in volumes to record levels, buy-back companies said today. The Apple event will take place March 7 at 10 a.m. You've gone this long without an iPad, after all. For example, AT&T was unloading clearance 64GB Wi-Fi + 3G first-generation iPads for only $529 last March - that's $300 less than the original MSRP.
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Retailers are likely to lower their asking price even further after the iPad 3's full reveal. Still, we might recommend a bit more patience if you're looking for maximum savings on last year's Apple tablet. While Best Buy's rates are only temporary, all indications are that the new prices at RadioShack are permanent drops. Best Buy has also joined in on the fun, shaving $50 off all iPad 2 hardware this week (including the aforementioned base SKU). The retailer's website confirms that the 16GB Wi-Fi configuration has been reduced by $20, with all other models receiving a $50 cut. An internal company document provided to Engadget reveals that starting today, all iPad 2 models are seeing discounts between $20 and $50. The iPad 3 hasn't even been made official yet, and retailers are already taking some proactive steps to clear out inventory of its predecessor. When an updated Apple product looms on the horizon, prices for last year's model begin to plummet. Retailers have already begun slashing the prices of Apple’s iPad 2 in anticipation of the event.
“We continue to believe this significant refresh will likely help drive higher iPad sales and help further differentiate” the tablet from competitors like the Kindle Fire, Wu wrote. The ability to use 4G networks has been a serious drain to batteries, which has proven to be a downside for Apple’s competitors. The key feature, Wu said, could be the inclusion of 4G LTE connectivity, adding that his check-in with the supply chain indicates that Apple has taken pains to make sure that its 4G devices will have good battery life. Shaw Wu of Sterne Agee said in an analyst note Wednesday that it’s likely that the new iPad refresh will be “significant” and include several important new features, including a better display, faster processor and integration of Siri software.
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