If you’re thinking about trading in your iPad, you might want to do it sooner rather than later. The iPad prices are dropping in anticipation of Apple’s big event tomorrow. Online retailer, Gazelle, says iPad trade-ins have surged to the highest level of the year. Next-worth says it saw trade-ins more than triple last week.
It all started a few days ago, when Apple sent out an invitation to an event being held in San Francisco tomorrow. Word on the street is the iPad and iPad Mini will be getting a refresh. It will be the first redesign in more than a year and a half. If that happens, that means the current iPads will see their value drop.
According to CNN, if you have a 32 GB, third generation iPad, with wifi only, you could get over $200 for it on Gazelle, Nextworth, and Gamestop. The fourth generation will get even more money. The condition, memory, and 3-G capability factor into the price. Many sites will provide an instant quote when you input the specifications. Amazon, Apple, and Radio-Shack will also take trade-ins. For Apple the pressure is on, because its share of the tablet market has plunged to 32%, down from 60% last year. Apple’s rivals (Samsung, Acer, and Lenovo) are gaining ground.