This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Best Buy Offering Apple iPad Upgrade

Stocks in this article: AAPL BBY

This article has been updated with corrected information.

NEW YORK ( TheStreet) -- Based off the success of its Apple (AAPL ) iPhone trade-in promotion last month, Best Buy (BBY) on Tuesday, launched a promotion for customers to upgrade their iPads.

The company is offering a minimum $200 Best Buy gift card for working iPad 2s or third generation iPads. Customers may use the gift card toward an iPad with Retina upgrade or another product. A 16GB Wi-Fi only iPad with Retina device normally sells for $499.99 but with the gift card, customers will pay $299.99 plus taxes.

The promotion will run from Tues., July 23 through Sat., Aug. 3.

The devices must power on to be considered working. Devices with cracked screens or water damage are not considered working for purposes of this offer, the company says.

First-generation iPad and iPad mini's are not eligible for the upgrade.

Also see: Best Buy Offering Free Trade-In for iPhone 5

Also see: Best Buy Aims To Get Their Geek On At The Con

This is the second time this month Best Buy looked to do an iPad trade-in promotion. The electronics retailer also offered customers $200 gift cards for trade-ins the weekend of July 12-13, AllThingsD reported.

The company, which has 1,400 stores across the U.S., said it saw an "overwhelming response" from customers regarding the iPhone trade-in promotion in June.

"Once again this is part of our commitment to 'Renew Blue' -- reinvigorating the customer experience, and in this case rewarding (our customers) with these fabulous deals," Best Buy spokesman Jon Sandler said. "Increasing our presence in the trade-in space gives us another opportunity to better serve both our customers and communities."

Similar to Best Buy's iPhone promotions, consumers should check with their local store to see if the promotion is offered. In some cases, stores are prohibited from accepting trade-ins due to local laws restricting pawning.

Best Buy shares were trading down 0.6% to $29.22.

-- Written by Laurie Kulikowski in New York.

To contact Laurie Kulikowski, send an email to: Laurie.Kulikowski@thestreet.com.

>To submit a news tip, email: tips@thestreet.com.



Follow TheStreet on Twitter and become a fan on Facebook

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs