Steep discounts for iPad Air

Investor's Business Daily

Best Buy (BBY), Target (TGT) and Wal-Mart (WMT) are offering big deals on Apple's (AAPL) tablets to get shoppers into stores, starting Thanksgiving eve. Target and Wal-Mart are selling the iPad Air for $479, $20 less than Apple's list price. On Black Friday, Target is giving out $100 Target gift cards when you buy any regular-size iPad, dropping the effective price to $379. Best Buy will offer it for $449, a $50 discount to list price. Of course, the catch is "while supplies last." Apple shares rose 2.4% to 545.96.

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