Because of my caution last year, I decided to buy a used 1st generation iPad just after iPad 2 was announced. I got a great deal from an early adopter who wanted to sell her 1st generation iPad to make room for an iPad 2. (I paid either $200 or $220.)
Word is that the iPad 3 is coming soon, so I began looking at the aftermarket for iPads. To my amazement, original iPads are still in demand and the market is generally ignorant of the imminent arrival of iPad 3.
I have a Craigslist advert up for my original iPad, and I expect to reap ~$275 for it (for a profit of $55 to $75!) I haven't decided yet whether to use the proceeds for a new iPad 3 or a used iPad 2. I expect, though, that iPad 2 aftermarket prices (~$350-$400) will fall by nearly half after the release of iPad 3. I might just rollover my sale proceeds into an iPad 2 and see if I can make a similar profit this time next year!
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