Why Apple dropped iPad’s price to lowest yet

Apple this week is releasing its most affordable iPad to date. The refreshed 9.7-inch iPad, which packs a Retina screen and Apple’s A9 chip in a device that effectively replaces the iPad Air 2, is priced at $329 with 32GB of storage.The $70 price drop makes the entry-level iPad more competitive, particularly among schools that can now snag the tablet for under $300 at educational pricing. Businesses that are motivated by price and don’t require more advanced features in the iPad Pro