Bought An iPad Recently? Apple Offers $100 Refund!

iPad Price Cut

Apple has decided to slash down the prices of the first generation iPad by $100 to clear all the stock in stores ahead of the next week debut of the iPad 2 on 11 March, ElectricPic.co.uk reports that Apple will issue a refund to those customers who recently purchased an iPad if they file within the 14 day return window.

According to the site :

We were assured by Apple’s sales team that Apple would just refund the £100 price difference, without any complicated returns and exchanges, so you can take advantage of the price drop on the original iPad. Good news! The catch is that you’ll need to be within the 14-day returns window, which doesn’t leave much wiggle room for those outside of that window. You’ll also need your receipt.

Apple sales policies has also outlined :

Should Apple reduce its price on any shipped product within 14 calendar days of shipment, you may contact Apple Store Customer Service at 1-800-676-2775 to request a refund or credit of the difference between the price you were charged and the current selling price. To receive the refund or credit you must contact Apple within 14 calendar days of the price change.

The main aim of the policy is to simplify the complexities between Apple and customers. The customers can return the original purchase within 14 days  and re-purchase the product at a lower price which will be with $100 less. The refund policy eliminates the hassle for both sides, and also allows customers who have personalized their iPads and would thus be unable to return them to also receive the lower price.

[via MacRumors]