This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Apple's Black Friday: All About the Gift Cards

NEW YORK (TheStreet) -- Apple (AAPL - Get Report) is touting gift cards on a range of products for its annual Black Friday promotion.

Apple posted earlier this week an ad on its Web site highlighting the "one-day shopping event." The ad teased an iPad, but not much else, prompting speculation that the popular tablet would feature prominently in the promotion.

Customers purchasing an iPad on Black Friday will receive an Apple Store gift card up to $75. As part of the promotion, purchasers of Apple's iPad Air will receive a $75 gift card, while the iPad mini and the iPad 2 come with a $50 gift card.

The Cupertino, Calif.-based company also is offering gift cards of $150 on its MacBook Air, iMac and MacBook Pro. For the iPod, customers purchasing an iPod touch and iPod nano receive gift cards of $50 and $25, respectively. A number of accessories are also being sold with gift cards as part of the Black Friday promotion.

Last year, Apple pushed Black Friday discounts, with $100 off MacBooks, for example. The consumer tech giant also offered small discounts on iPads, iPods and other accessories.

Research firm Canalys recently predicted that in 2014 almost half of all PC shipments will be tablets. Although Apple's losing PC market share to rivals using the free Android operating system, it is one of the few companies making money from the tablet boom, according to Canalys.

Apple CEO Tim Cook highlighted the iPad's importance during the company's recent fourth-quarter conference call. "I think it's going to be an iPad Christmas," he said. "We will report the numbers back to you in January how we did, but we are pretty confident."

Apple sold 14.1 million iPads during its fiscal fourth quarter, which ended before the launch of the new iPad Air last month. This number was up slightly from 14 million in the same period last year.

In total, the company sold 71 million iPads during fiscal 2013, compared to 58 million in the prior year.

Apple shares, which closed up 2.35% to $545.96 during the last trading session prior to the Thanksgiving holiday, gained 0.95% to $551.15 in premarket trading on Friday. 

-- Written by James Rogers in New York.

>Contact by Email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
AAPL $124.43 -1.54%
FB $82.22 -1.18%
GOOG $548.00 -0.73%
TSLA $188.77 -0.94%
YHOO $44.44 -1.15%


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

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