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Another "effect" of this deep discounting, for me at least, is I now regret buying Applecare for my iPad1. Only adds one year of warranty (not 2 years like computers) and increased my investment by $80. I figured it would give me a edge in resale but looks like resale for my $910 iPad has dropped way down.

Most likely I'll sell it six months from now and just wait and see what's happening a year from now. Truth be told I'm disappointed in how hard iOS makes exchanging files between applications, really makes doing work harder than it could be. Good for surfing, news, and entertainment, but not for the way I like to work.
 
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This is great for people who don't really care about having the latest and greatest! Well done Verizon, well done.
 
Is everyone keeping these, selling them, a spare one for their mother-in-law?
My guess is that different people will have different responses and that you will not receive a statistically significant sample size in responses to extract anything resembling meaningful insight. As a matter of fact, I am the first person to reply to you and I'm guessing you will have fewer than five people directly answer your query.

That said, I will point out that the demographic of early iPad buyers would not lead anyone into the conclusion that this buying audience would need to resell used devices to fund purchases of new ones. The median income of the early iPad adopters was something like over $100,000. I consider the readership demographic of this blog to be materially different than the average Apple customer.

Plus, the number of used iPads for sale is a miniscule fraction of the total number sold.

Personally, I will gift my original iPad to relatives whom I expect will use it for many, many years. Much like my 12" PowerBook G4 is still being used by a family member, something like seven years after I bought it. There's your sample size of one.
 
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Great deal

Wow! great deal. All out of the 16gb at my local store. Congrats to those that got one. For those lucky buyers, $300 over a two year useful life is about 40 cents per day, or one quarter of the cost of the cheapest cup of starbucks coffee. Not bad for a device that you will probably use about an hour a day.....or maybe more.
 
Manhawkin, NJ

Saw the story about the price cut, while on break (ironically I work at Target, where we have been receiving a lot of the IPad 1 16/wifi's lately, and selling them as fast as we were getting them in at $399.99) and got out of work at 8:30 went straight to the Verizon store, and bought the last 16 they had.

They of course tried to up sell me cases, mifi,keyboards, applecare, and I said no, and the rep went to page two of the handbook, meanwhile she did not even know the price was cut, until I informed her, as she told me there is not much price difference between the 1 and the 2, I consider $200 a lot. :p
 
I just bought a 16gb here in San Antonio a few hours ago. My first iPad and I absolutely love it. However I just spotted a dead pixel. Guess I'll make a trip to the apple store tomorrow. They should be able to replace it, right?
 
Just got mine fired up! Love it!

Why would one jailbreak? What is the benefit? Just curious as I haven't updated yet. Thanks!

I'm off to browse from the couch :)

I specifically did it so I could install ZumoCast and use MyWi On Demand so I can tether to my iPad without significantly damaging my phones battery.
 
I just want to say how much I both love and hate Macrumors. :)

Sent from my shiny new iPad just purchased from Verizon.

:) That is what my friend said about me. I turned him on to this deal and he bought one.
 
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Target price match?

Does anyone know if Target is price matching or is expected to be following suit with their own reduced prices? I have a hefty credit with Target that I would very much enjoy using on purchasing the original ipad at the new verizon price.
 
Does anyone know if Target is price matching or is expected to be following suit with their own reduced prices? I have a hefty credit with Target that I would very much enjoy using on purchasing the original ipad at the new verizon price.

I dont think so. Working at Target the policy is that it has to be a print ad, and not a copy of an internet sale. Below is the policy from the website.

"If you find an item in a competitor's printed ad that is priced lower than it is at your Target store, we will match the price. The competitor's ad must be local and current, and the product must be the identical item, brand name, quantity and model number. Target.com is excluded from our price matching policy. Competitor catalogs can also be ad matched as long as the catalog displays a valid date and meets all other qualifications."

"Please show us the entire printed advertisement. Photos, photocopies, or mobile phone versions of the ad cannot be accepted as verification of competitive pricing."

Believe me I wish they would, with my normal 10% discount and an additional 5% for using the Target Debit card, I would be one happy camper.
 
Bought one, but already have a 16GB iPad 2. Do I really need one more?

If you decide not to keep it, it is a better bet to sell it on craigslist for cash than returning it to VZ since VZ have a restocking fee of $70 even if you do not open it. ( at least that is what the VZ dude told me )
 
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