T.J. Maxx, Marshalls starts selling iPad with $100 discount

Retailers T.J. Maxx and Marshalls have begun selling the cheapest model of the iPad for $400 this week, offering a full $100 discount off Apple's pricing.

The cheapest model is 16GB and offers Wi-Fi support.

T.J. Maxx confirmed the deal on its Twitter page today, saying: "The rumors are TRUE! Select (unadvertised) locations/limited quant."

Earlier in the week, Sam's Club began selling the iPad, offering $12 off retail for all models, the biggest discount seen until today.

It is still unclear how the companies can offer the iPad at such a low price, especially without losing a significant amount of money per sale. Apple has not suggested any price drop is coming on the iPad.

Although unconfirmed, it appears that some Marshalls stores will be selling only 300 of the devices over a three-day period.

Written by: Andre Yoskowitz @ 18 Nov 2010 19:15

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4 comments

dcmorrow

Loss Leaders. They are to bring traffic in for holiday shopping. Oh, Marshals has the iPad, honey let's go...... What, you sold out? Okay while we are here, lets buy some shoes, oh and that mirror and this shaving kit for your dad.........

I bet they aren't even authorized retailers. It's cool though.

18.11.2010 19:57 #1

molsen

I have to agree. Their more than likely off the pace for year in sales. Great idea for the marketing person.

18.11.2010 20:06 #2

Morreale

These stores suck. I shrunk to a men's small and they can no longer support me. That's sad.

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18.11.2010 20:06 #3

joetheplumber

lost leader yes but they are not losing money they worked out a deal to buy a million which is billions in money and only to make a small million in profit. Wall-mart is king at this expect them to beat! At least out-sourcing at apple is whipping there workers into shape!

19.11.2010 19:36 #4

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