Reduced price of refurbished of both iPad mini and iPad 4 is now official from Apple. All models carries 15 per cent discounts compared to their original models.

iPad 4 and iPad mini refurbished variants were introduced in October 2012 and arrived in Apple's Online Store in mid-March at the modest discount. Rumours mill the arrival of the next-generation iPhone, iPad and iPad mini later this year as the company decides to reduce pricing on their refurbished gadgets.

It turns out that the company wanted to attract more buyers by supplying refurbished units before the release of their next-generation devices. Apple also stripped $30 off to their refurbished Thunderbolt and LED Cinema Displays bringing down the prices to $799 from $999 of the brand new ones.

Refurbished iPad mini Wi-Fi 16GB White or Silver

Original Release: October 2012
Wi-Fi 802.11a/b/g/n
Bluetooth 4.0
7.9-inches of LED-backlit display
Multi-touch screen
5MP iSight camera
FaceTime HD camera
1080p HD video recording
Dual-core A5 CPU
10 hours battery life
0.68 pounds and 0.28 inches thickness
Price: $279 (15 per cent off - $50 less)
Previous Price: $299
Brand New: $329
Other variants: 32GB Wi-Fi: $359 compared to $429 brand new/64GB Wi-Fi $439 compared to $529 brand new

Fourth Generation Apple iPad

16GB Wi-Fi: $419 compared to $499 brand new
32GB Wi-Fi: $499 compared to $599 brand new
64GB Wi-Fi $579 compared to $699 brand new

16GB Wi-Fi + Cellular: $529 compared to $629 brand new
32GB Wi-Fi + Cellular: $609 compared to $729 brand new
64GB Wi-Fi + Cellular: $689 compared to $829 brand new

The 128GB refurbished version of the iPad 4 will soon appear in the Apple's Online Store.