Andre Yoskowitz
5 Apr 2013 22:35
Retailers have begun slashing prices on various iPads, implying a new, updated version of the tablet is coming in the near future.
Wal-Mart has cut the price of the popular iPad Mini (16GB Wi-Fi) to $299 from $329. The device was launched in September.
Best Buy slashed the price of the third-generation (early 2012) iPad by 30 percent, a large clearance. The 16GB+Wi-Fi version is down from $449 to $314 and the 64GB model is down to $454.
The company says a lot of stock is already sold out, but some stores still have stock.
While the price cuts certainly suggest a new model of the iPad is coming soon (or at least an updated Mini), Wal-Mart denied that was the case: "Some have asked us if we think this signals the possibility of a new iPad to be released. That is not the case. Walmart's move is due to consumer demand and our commitment to providing the best price, not potential new product introductions."