$4.23 a day: On the timing of a Black Friday iPad 2 purchase
Apple released the first iPad, the 16GB Wi-Fi-only model for $499, on April 4, 2010. The $499 iPad 2 came out 342 days later, on March 11, 2011.
Another way to look at it is that you paid $1.46 a day for the original iPad before it was obsolete.
We lack the proper sample size for true statistical accuracy, but based on the number of days into a new year Apple released its first two iPads, we can take the average of April 4 (92 days in) and March 11 (69 days in), and guess that the iPad 3 will arrive 81 days into 2012. That would be March 22. That would also mean a 377-day life cycle for the iPad 2.
If you agree to play along with that projection, then the $499 iPad 2 comes out to costing $1.33 a day before obsolescence. That's a relative bargain compared with the first iPad.
But what does that mean for the value of an iPad 2 purchased this holiday buying season?
Let's take Black Friday--November 25. There are 118 days between November 25 and our March 22, 2012 guess for the debut of an iPad 3. That translates to $4.23 a day, or more than three times the daily cost of an original iPad during its life cycle as a new product. For an iPad 2 purchased (or opened) on December 25, that's only 88 days until it's out of date, or $5.67 a day.… Read more