Just came back from my local TJ Maxx... first time I've ever been there. Probably the most ghetto store I've ever been to. Needless to say, they didn't have any iPads. They probably would have laughed me out of there if I asked.
Why sell at a loss?
Is this the same store that, in the UK, goes by the name "TK-Maxx"?
Just came back from my local TJ Maxx... first time I've ever been there. Probably the most ghetto store I've ever been to. Needless to say, they didn't have any iPads. They probably would have laughed me out of there if I asked.
It's cheaper than tv advertisement.
Typically, manufacturers tell a retailer what their "MAP" (minimum advertised price) can be (I know this because it's also done in my line of work, golf course management). This is the lowest price that a retailer is allowed to advertise a product at, and still be able to purchase it straight from the manufacturer. The manufacturer typically has a retailer sign a contract/agreement stating that they will abide by the MAP, or have their purchasing account pulled. That is why you see the iPad's pricing being virtually the same (they allow for a few dollars difference, plus or minus) everywhere. If you violate that as a retailer, you can no longer purchase straight from the manufacturer (in this case, Apple). That is why probably why engadget is saying they don't know how they are able to sell it at such a low price. It's probably not straight from Apple, and may be through a refurbishing company instead. Manufacturers (like Apple) do this so that they control the pricing of their products, and claim it's to make things fair for all retailers, as retailers can't entice customers to buy the product by cutting the profit margin extremely low and try to make it up with volume.
When the iPhone came out, boy did I want one. I waited and waited and finally got a 3GS. Now I see all those 2G and 3G owners who can't run (fully) iOS4.0. I also see the giant strides made in the hardware between the generations.
I see the same thing happening with the iPad. The next version will have at least a front mounted camera for FaceTime, probably more storage, a faster processor able to run iOS6.0+ and about 10 other things that will leave 1st gen owners crying foul all for the same price (or less) as the current crop of iPads.
Thanks again TJM, but I'll wait...
http://en.wikipedia.org/wiki/T.K._Maxx
Looks like it.
They are hidden in the back...you should have asked the manager. You wasted your time going in there, you could have at least asked to see if they are going to sell the Ipad for black friday...