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Tablets

Apple's iPad Air 2 on preorder at Walmart for $489

The retail giant nudges down the price for Apple's two new tablets -- the iPad Air 2 and iPad Mini 3 -- while also cutting the cost of the iPad Mini original.

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Apple Senior Vice President of Worldwide Marketing Phil Schiller shows off the iPad line. Tim Stevens/CNET

A day after Apple unveiled its two new tablets, Walmart is shaving down prices. The retail giant told CNET on Friday that it's offering the iPad Air 2 for $489 and the iPad Mini 3 for $389. Apple's prices are $499 for the Air 2 and $399 for the Mini 3.

Apple unveiled the iPad Air 2 and iPad Mini 3 on Thursday. The Air 2 comes with a 9.7-inch Retina display, Touch ID support and a thinner body than those of its predecessors. As for the Mini 3, there wasn't much of an update, just the addition of Touch ID and a new gold version.

Apple began preorders for the tablets early Friday morning -- causing its online store to temporarily go down. Walmart also commenced preorders for the iPad Air 2 and iPad Mini 3 on Friday; however, preorders are available only in brick-and-mortar stores today and then will be available online at Walmart.com on Saturday. Shipments will begin next Friday.

Walmart is offering deals on the iPad Mini original as well -- selling it for $239, which is $10 less than Apple's cost. Additionally, the retail store said it's offering double the value -- up to $200 -- to those customers who trade in their old iPad. The trade-in credit will be based on the condition of the tablet being swapped. This offer will be available only from October 24 to November 16.

While Walmart is known for offering discounts for new iPhones, it's rare for the retailer to offer them on the iPad -- especially so soon after launch.