Apple to Give Employees $500 Off Macs and $250 Off iPads

Wednesday January 25, 2012 11:20 pm PST by Arnold Kim

According to 9to5Mac, during today's town hall meeting, Apple CEO Tim Cook announced to employees that they would get $500 off Macs and $250 iPads.

The new discount program starts in June 2012, and can only be used once every 3 years. Employees also need to have been working at Apple for at least 90 days. The discount is reportedly for both corporate and retail employees. The discount is said to exclude the Mac mini.

Apple employees presently are allowed a one-a-year 25% discount on Apple systems. One report even claims that this discount will remain in place alongside the new discounts.

In 2007, shortly after the original iPhone's launch, Apple had announced a similar perk for employees. At that time, Steve Jobs announced that all full time and part time Apple employees would receive an 8GB iPhone.

Top Rated Comments

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MultiMediaWill

17 months ago

I wonder what discounts they give to Foxconn employees #laborlaws

Rating: 33 Positives

MonkeySee....

17 months ago

Discounted macs?

*sigh*

Bad business idea. Sounds like a return to the bad old days of Apple in the 90's where there were a million different pricing points and special ways to get discounts (educational, business, yada yada yada).

Steve Jobs was right. Have a simple, single price point so that all customers are feeling like they have a similar consistent, and slick appearance.

Providing deep discounted products, even when provided to employees, only degrades the perception among consumers about the value of the product, which is one reason that Apple is capable of maintaining its high margins. Why should I pay full price for an item that is worth only half as much to the people selling it to me? That will be the perception.

For example: "Hey, my nephew worked for apple for one month and bought his iPad 3 for $250. Why the heck should I pay $600 to get one?" Good question.

Are you serious?

I don't think anyone in their right mind would begrudge paying for a product a member of staff is getting at a discount. :confused:

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Oh how generous. Such a big deal. Audi, Volkswagen, Mercedes, and Porsche pay each of their employers an annual bonus of several thousand Euros, depending on revenue.

Shame on Apple.

My goodness. MacRumour members are on top form today :rolleyes:

Rating: 20 Positives

arn

17 months ago

according to one report, the discounts stack. 25% + $500 off.

arn

Rating: 17 Positives

jayhawk11

17 months ago

On the retail side, working for Apple sucks. You get crapped on a lot by customers and the innovation isn't there like it is at corporate. It's really no different than any other retail gig.

Side note, this discount is an *additional* $500 off every three years. They still get the 25% off once a year.

Rating: 15 Positives

Hellhammer

17 months ago

Somehow, I just became interested in working for Apple...

Rating: 15 Positives

SPEEDwithJJ

17 months ago

Nice. That is very generous of Apple. I can imagine how good it is to work for Apple. :)

Rating: 14 Positives

spazzcat

17 months ago

I wonder what discounts they give to Foxconn employees #laborlaws

Well they are Foxconn employees, so why would they get an Apple employee discount?

Rating: 12 Positives

saving107

17 months ago

The discount is reportedly for both corporate and retail employees. The discount is said to exclude the Mac mini.

What an odd exclusion.

I know you can't really discount $500 from a product that cost $599, but why not at least a $200 discount (if the iPad qualifies for a $250 discount and that cost $499 retail).

Its not that big-of-a-deal, I just thought that it was odd.

Rating: 11 Positives

jackc

17 months ago

Oh how generous. Such a big deal. Audi, Volkswagen, Mercedes, and Porsche pay each of their employers an annual bonus of several thousand Euros, depending on revenue.

Shame on Apple.

You should try to rescue the exploited workers. I suggest carrying them out on your shoulder one-by-one, and bring the media.

Rating: 11 Positives