Mar 152012

With the new, improved Retina-ready iPad set to hit our doormats and retailers shelves around the world in less than two days, one would imagine that there are plenty of gadget fans out there who are currently sitting on their iPad 2 which they probably want to get rid off in order to get the shiny new iPad.

When Apple took to the stage in San Francisco to announce the new iPad, they also announced price cuts for the existing iPad 2 model, meaning consumers can pick up a brand spanking new one from Apple Stores for a snip of its original price. As you can imagine, Apple’s decision to keep the iPad 2 on sale at a lower price point has a knock on effect for all those people wanting to sell on a unit which could be twelve months old.

Some good news for those individuals with the fact that Apple is updating their Reuse and Recycling program, which allows Apple product owners to exchange the item in return for gift cards that can be used to purchase Apple goods.The program works in exactly the same way as other recycling and trade-in programs, which is to take details about the model and condition of the product and then produce a value based on that information. The Next Web are reporting that the top of the range iPad 2 model, in fully functional and working order could net owners up to a maximum of $320 which appears to fall in line with other services of the same nature. They have also included some recycling pricing points for the other various iPad 2 models:

Apple iPad 2 16GB WiFi $205
Apple iPad 2 16GB WiFi + 3G $250
Apple iPad 2 32 GB WiFi $245
Apple iPad 2 32GB WiFi + 3G $280
Apple iPad 2 64GB WiFi $275
Apple iPad 2 64GB WiFi + 3G $320

The pricing is heavily dependent on the condition of the device and things like cosmetic damage, wear and tear, personalized engraving or possible water damage would more than likely significantly reduce that estimated gift card value. Although, the price offered by Apple for a top of the range model iPad 2 in England is not likely to make people want to part with their device.

[Apple’s Reuse and Recycle Page]

[via Redmond Pie]

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