APPLE is constantly rolling out new technology to provide cutting-edge phones, tablets, watches, and computers to shoppers.
As updated products come out almost every year, some of Apple’s older models regularly get marked down.
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When Apple launched the iPhone 11 in 2019, for instance, it sold the device for $699.
A year later as the tech giant rolled out the iPhone 12, it slashed its predecessor’s cost to $599, and the 11 sells for $499 today.
If you’re not up-to-date with Apple’s product release schedule, you could end up buying a phone just days before it gets discounted.
But TikToker @casper.capital shared a little-known fact about Apple’s refund policy that can protect you from missing markdowns.
Casper points out that Apple has a two-week price adjustment period as part of its refund policy.
If Apple cuts the price on one of its products within two weeks of your purchase, you can get the price change refunded.
To get cash back, you need to contact Apple within 14 days of the price reduction.
You can visit an Apple Retail Store or contact the Apple Contact Center at 1-800-676-2775 to request a refund or store credit.
In the iPhone 11 example, you’d get $100 back if you bought the phone less than two weeks before Apple announced it would reduce the price to $599.
Apple may ask you to bring the product with you or provide proof of purchase before paying out the refund.
The company also stipulates that customers can only get price adjustments on up to 10 units of one item.
Note that the price reduction doesn’t apply to limited-time deals like Black Friday or Cyber Monday sales.
Apple recently discontinued the iPod two decades after it was first released.
And The Sun breaks down which iPhones are obsolete, and the ones that will be soon.
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