Walmart selling third-generation 16GB Apple iPad with Retina Display for $399 in retail stores only

The iPad deal will be sweetened starting Monday, when it includes a $30 iTunes gift card.
Written by Sean Portnoy, Contributor

If you've been waiting for a sale on the newest iPad for your holiday shopping list, the day has finally arrived. Walmart has just started offering the fourth-gen 16GB version with Retina Display (and Wi-Fi) for $399, though you will only find it in the retailer's brick-and-mortar locations.

There is some discrepancy as to whether this is the third- or fourth-generation iPad, which, despite its attempts to communicate with Walmart PR, 9to5Mac could not confirm one way or the other. For now, sites like The Verge are posting that it's the latest-generation model -- either way, it's a better deal than you'll get from Apple directly.

UPDATE: A Walmart PR rep has just contacted me and confirmed that it is in fact the third-generation iPad at the special price.  

But wait, there's more. If you can wait until Monday -- and if there are any iPads left -- Walmart will up the deal with a $30 iTunes gift card with a purchase of the new model. The upshot is that you can get the new iPad for the same price as the iPad 2, plus the gift card, as long as you're willing to get in your car and drive somewhere. You know, like you used to do when you did holiday shopping in the pre-Internet day. 

Is this a good enough deal to get you off the couch (and computer) to go down to Walmart? Let us know in the Talkback section below if you venture out and what you find.

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