iPad 2 Drops to $399
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Apple has historically went ahead with price reductions with iPhone releases, and it will be interesting to see how much of a spike in sales there will be with the iPad 2, considering that a number of iPad 1 owners planned to upgrade to a 3. Perhaps the new pricing will change some minds.
The “New iPad” ships on March 16th, at $499, $599, $699 for 16, 32 and 64GB respectively.