RPT-Best Buy offers 30 pct off iPad 3 tablets; no discount on minis

Wed Apr 3, 2013 5:54pm EDT

By Dhanya Skariachan

NEW YORK, April 3 (Reuters) - Retailer Best Buy Co is offering a 30 percent discount on its current stock of Apple iPad 3 tablets, a spokeswoman for the world's largest consumer electronics chain said on Wednesday.

Retailers typically slash prices on products in the lead-up to a major launch of a new iPad or iPhone as a way of clearing old inventory, analysts have said.

"We're not discounting the price of iPad minis currently -- however, we are offering 30% off all iPad 3's right now," Best Buy spokeswoman Carly Morris said in an e-mail to Reuters.

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Comments (3)
Greg48484 wrote:
Nonsense. Saw the price reduction 3 days ago and cannot find any of the third generation, without cellular, anywhere in the country. Yet Best Buy continues to advertise these products.

Apr 03, 2013 7:56pm EDT  --  Report as abuse
BSimpsen wrote:
The iPad3 was discontinued in October of last year. Clearing that inventory should have happened months ago. Only the clearing of iPad4 inventory would be indicative of a model update. Do your homework, please.

Apr 03, 2013 9:42pm EDT  --  Report as abuse
RWolf13 wrote:
Best Buy apparently got a lot of free publicity and visitors to its stores, who were disapointed to be told no one knew anything about its promotion. It will be interesting to see if the short-term attention was worth the loss of long-term relationships. You only lose credibility once. Looks like the news services were punked.

Apr 04, 2013 3:40pm EDT  --  Report as abuse
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