Refurbished, but I've never had a problem with refurbished Apple products. These are sold by Groupon though. https://www.groupon.com/deals/gg-apple-ipad-air-2-16gb-or-64gb-tablet-with-wifi-and-4g Not sure if the various coupons floating around for Groupon can add additional discounts. If the iPad Pro 9.7" isn't quite what you wanted, I guess this might be a good deal for you. EDIT: Then again, the warranty on these are only 30 days. Well perhaps it will be useful to someone looking for a bargain.