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Apple to Give Employees $500 Off Macs and $250 Off iPads

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Original poster
Apr 12, 2001
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According to 9to5Mac, during today's town hall meeting, Apple CEO Tim Cook announced to employees that they would get $500 off Macs and $250 iPads.

The new discount program starts in June 2012, and can only be used once every 3 years. Employees also need to have been working at Apple for at least 90 days. The discount is reportedly for both corporate and retail employees. The discount is said to exclude the Mac mini.

Apple employees presently are allowed a one-a-year 25% discount on Apple systems. One report even claims that this discount will remain in place alongside the new discounts.

In 2007, shortly after the original iPhone's launch, Apple had announced a similar perk for employees. At that time, Steve Jobs announced that all full time and part time Apple employees would receive an 8GB iPhone.

Article Link: Apple to Give Employees $500 Off Macs and $250 Off iPads
 

SPEEDwithJJ

macrumors 65816
Nov 2, 2008
1,188
1
Nice. That is very generous of Apple. I can imagine how good it is to work for Apple. :)
 
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AJH1993

macrumors regular
Oct 26, 2011
154
0
Heck. I've been trying to get a job as a specialist at Apple stores in my area... this is a nice bit of extra motivation!
 
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Consultant

macrumors G5
Jun 27, 2007
13,311
32
Once every 3 years? That seems a step backwards.

I hope they can still provide F&F discounts. I've received discounts on high end BTO that's more than $500.
 
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jayhawk11

macrumors 6502a
Oct 19, 2007
774
283
On the retail side, working for Apple sucks. You get crapped on a lot by customers and the innovation isn't there like it is at corporate. It's really no different than any other retail gig.

Side note, this discount is an *additional* $500 off every three years. They still get the 25% off once a year.
 
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saving107

macrumors 603
Oct 14, 2007
6,376
14
San Jose, Ca
The discount is reportedly for both corporate and retail employees. The discount is said to exclude the Mac mini.

What an odd exclusion.

I know you can't really discount $500 from a product that cost $599, but why not at least a $200 discount (if the iPad qualifies for a $250 discount and that cost $499 retail).

Its not that big-of-a-deal, I just thought that it was odd.
 
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SteveSparks

macrumors 6502a
Jan 22, 2008
905
31
St. Louis, MO.
What an odd exclusion.

I know you can't really discount $500 from a product that cost $599, but why not at least a $200 discount (if the iPad qualifies for a $250 discount and that cost $499 retail).

Its not that big-of-a-deal, I just thought that it was odd.

Likely this has to do with Apple's cost of the item, $99 mac mini does not recover any of the costs associated with the item, where a $699 macbook pro will recover some of the costs. I would also suspect Apple would rather have laptops out in the open than Mac Mini's at home. The $99 Mini is also a huge temptation for buy resell. At lease with the macbook you have a lot more of your own personal money into the product that makes you think about the purchase etc.

So the staff still gets the 25% discount yearly right?
 
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arn

macrumors god
Staff member
Apr 9, 2001
15,599
4,265
according to one report, the discounts stack. 25% + $500 off.

arn
 
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kyjaotkb

macrumors 6502a
Nov 20, 2009
689
368
London, UK
IIRC it was 27% not 25%.

I find it good if they replaced the yearly Employee Personal Discount with that $500 / $250 discount. All the more since they didn't give discounts on iPads previously.

But I hope they kept the "family and friends" 17% discount which was nice to have and a very nice way to spread the Apple love around you (I sold 3 Macs to friends within a 9 month internship with that dscount - and Apple was probably making more money on those Macs than on macs sold through retail since there was no reseller overhead/margin).
 
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electrovir

macrumors newbie
Jul 13, 2011
25
0
Wirelessly posted (Mozilla/5.0 (iPod; CPU iPhone OS 5_0_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Mobile/9A405)

Alright, sign me up.
 
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theBB

macrumors 68020
Jan 3, 2006
2,453
3
I wonder why the new benefit will not kick in until June 2012. It is natural to delay this discount for iPad3, as Apple is going to be supply restrained for a while early on, but why wait so long for Macs?
 
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ogee

macrumors 6502
Nov 8, 2006
417
0
Earth.
IIRC it was 27% not 25%.

I find it good if they replaced the yearly Employee Personal Discount with that $500 / $250 discount. All the more since they didn't give discounts on iPads previously.

yes its 27%.

I dont think its good to loose the yearly 27% discount and replace it with a once in 3 year 500$ discount. :mad: As it is on my pay I can hardly afford a Mac.

oh and we do already get a discount on iPads. 2%.
 
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gnasher729

macrumors P6
Nov 25, 2005
17,551
4,862
Once every 3 years? That seems a step backwards.

I hope they can still provide F&F discounts. I've received discounts on high end BTO that's more than $500.

I think this discount will be in place so that Apple employees use Apple products. If an employee plans to buy a Mac with rebate, sell it, and pocket the profit, then "once every 3 years" is in their way, but that isn't what this is for.

It also makes sure employees are not getting pestered by the usual "friends" and relatives who only know you when they can get something from you.
 
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theBB

macrumors 68020
Jan 3, 2006
2,453
3
As did everyone else around the world that just read this post!
Come on, it is a nice gift, but at best just a $250 benefit annually (500+250 every 3 years). I don't know about retail employees, but corporate salaries should dwarf this by far.
 
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Marx55

macrumors 68000
Jan 1, 2005
1,765
588
Just imagine Apple doing that with everybody. Because they have so huge commercial margins and a huge pile of cash in the bank. They would take the market by storm and increase worldwide market share of the Mac from 5 to 90% in just three years!
 
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balthisar

macrumors newbie
Mar 3, 2006
2
0
Stingy?

Seems kind of stingy. At my workplace we get a heck of a lot more than $500 off, up to four times per year, and we can give a similar discount to friends and family members up to four times per year. No one wants to make a big deal about working for an automotive manufacturer, I guess.
 
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iMikeT

macrumors 68020
Jul 8, 2006
2,304
1
California
Time for me to send in an application to work for Apple. Hell, I'll take a janitorial job to get $500 off a new Mac. Let's see, I'll have to work 2,000 hours as a janitor in order for me to have the money to afford the Mac I want and be able to get that discount. Oh well.... :(

Would it be a good idea to state that I am an AAPL shareholder on my application?
 
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HarryKeogh

macrumors 6502a
Jun 25, 2008
595
751
Seems kind of stingy. At my workplace we get a heck of a lot more than $500 off, up to four times per year, and we can give a similar discount to friends and family members up to four times per year. No one wants to make a big deal about working for an automotive manufacturer, I guess.

I agree. It's not that impressive a discount. I haven't worked in retail in 20 years (thankfully) but when I worked for The Gap in its prime we got 30% off everything including gift certificates and 50% off several items each month.

Of course, Gap had the advantage of most of their items being made overseas by people making slave wages.

Oh wait...
 
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Smigit

macrumors 6502
Feb 21, 2011
291
130
Just imagine Apple doing that with everybody. Because they have so huge commercial margins and a huge pile of cash in the bank. They would take the market by storm and increase worldwide market share of the Mac from 5 to 90% in just three years!
I'm sure Apple knows best about what prices they need to set to maintain a profit ratio they are happy with.

I'm sure they could make them free and they would get 10 orders from every person on the planet, but what point is a 100% market share if you aren't earning any profits from it.
 
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