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!

Target Jumps on iPhone/iPad Deal Bandwagon

Stocks in this article: TGT WMT BBY AAPL

NEW YORK (TheStreet) -- Target (TGT) 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) 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.

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.

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 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

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