The company may gradually accumulate enough units to justify more refurbished offers. For some people the choice is obvious, for others not so much. But at $300 neither both are good deals. That causes now iPad sell $299 price. Apple may be trying to purge old inventory in advance of the holiday season, when it will want most sales to come from the costlier iPad 2. In the longer term the company has to ensure iPad 1 stock is gone before the iPad 3 ships, most likely in March or April.
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