Refurbished iPad Air 2 Models Now Available From Apple Store

Apple today added several iPad Air 2 models to its online store for refurbished products, marking the first time refurbished versions of the iPad Air 2 have been made available for purchase.

Released in October of 2014, the iPad Air 2 features a slimmer body than the original iPad Air, plus a triple-core A8X processor, an 8-megapixel camera Touch ID, and a gapless display with an anti-reflective screen coating.

Apple is currently offering several refurbished iPad Air 2 models, ranging from the entry-level 16GB Wi-Fi only iPad Air 2 to the 128GB Wi-Fi + Cellular iPad Air 2. All models are discounted by 15 to 17 percent, dropping prices by $80 to $160. For the entry-level Wi-Fi only 16GB model, the discount lowers the price to $419 from the original $499 price tag.

That price point beats many sale prices from third-party vendors, and as with all of Apple’s refurbished products, the iPad Air 2 models come with a full 1-year warranty, a new battery, and a new outer shell.

Apple’s refurbished inventory fluctuates on a regular basis based on available supply, so models that are available today may not be available tomorrow. The refurbished iPad Air 2 models can be purchased immediately from the online store.

(Thanks, Phil!)

Carl Icahn Still Believes in Apple HDTV as AAPL’s Market Share Surpasses $750 Billion [iOS Blog]

Activist investor and billionaire Carl Icahn, during an interview with CNBC today, expressed confusion over The Wall Street Journal‘s recent report claiming that Apple scrapped its plans for a full television set more than a year ago. Icahn and his investment firm Icahn Enterprises remain confident that Apple will enter the television and automotive spaces, even as analyst Gene Munster admits he was wrong.

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Icahn issued an open letter to Apple CEO Tim Cook on Monday in which he applauded the company for recently increasing its share repurchase authorization by $50 billion, and encouraged further acceleration of the stock buyback program. Icahn also valued Apple shares at $240 each and said the company will sell 55” and 65” ultra HDTVs in 2016 and introduce an Apple-branded car by 2020.

“After many years of rumors as part of Apple’s push into television and as we referenced previously, we expect in FY 2016 Apple will sell 55” and 65” ultra high definition television sets,” said Icahn in his open letter. “We forecast revenues of $15 billion in FY 2016 and $37.5 billion in FY 2017 on 10 million and 25 million units respectively with average selling prices of $1,500.”

The open letter also predicts that the iPhone will experience modest 2.3% revenue growth in the 2016 fiscal year, the iPad will rebound with a strong performance and revenue growth of 27.7% in FY 2016 and the Mac will continue to make gains over the next year. Icahn Enterprises predicts 10 million Apple Watch sales in the second half of 2015 and international expansion of Apple Pay.

Apple shares are currently trading at just over $130 as of publication time, giving the company a market capitalization of over $753 billion. In the past twenty-four hours, Apple surpassed the $750 billion market cap milestone for the first time as AAPL shares have risen following the open letter. Icahn himself has earned about $3.4 billion since announcing his position in the company in August 2013.