This Day On The Street
Continue to site
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

Target Jumps on iPhone/iPad Deal Bandwagon

NEW YORK (TheStreet) -- Target (TGT - Get Report) is jumping on the deal bandwagon with Best Buy (BBY) and Wal-Mart (WMT) in a battle to win the mobile consumer and get rid of excess Apple (AAPL - Get Report) iPhones and iPads.

From now through Saturday, March 15, Target is offering customers a minimum of $150 toward the purchase of a new iPad when they trade in a working iPad 2 or newer version.

Guests will also receive a $30 Target gift card with the purchase of an iPad mini with Retina display Wi-Fi 16GB for $399 or any iPad Air Wi-Fi 16GB for $499. For even more savings, guests can look forward to an additional 5% off when they shop with a Target REDcard, the company said.

The trade-in offer is only valid in stores. Not all Target stores participate in the trade-in program, so check to make sure your local store does.

Target is also looking to boost its trade-in cell phone program. Guests who trade in their used working cellphones through March 22 will receive credit, in the form of a Target gift card, for the value of the device, plus $50 extra for trading in a device toward the purchase of a new iPhone 5s or 5c.

Target is selling the iPhone 5c 16GB for $49.99 with a qualifying two-year plan and data through Verizon (VZ), Sprint (S) and AT&T (T). The iPhone 5s 16GB is on sale for $149.99 with a similar qualifying plan.

Must Read: These Companies Need Rebranding

Target is still reeling from its security breach late last year in which the company said up to 110 million customers were affected by the data compromise. Sales have been "meaningfully softer" following the announcement on Dec. 19. But sales have started to recover, Target said in its latest earnings report. The company said it was not able to estimate future expenses related to the breach.

-- Written by Laurie Kulikowski in New York.

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

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
Only $9.95
14-Days Free
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
SYM TRADE IT LAST %CHG
AAPL $109.18 -1.10%
TGT $76.42 -1.30%
FB $88.20 0.06%
GOOG $600.70 -0.92%
TSLA $241.80 -1.50%

Markets

Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs