Shipping on these devices, which are displayed on Cowboom's Deal of the Day page, is $5. As a Best Buy company, as you might expect, Cowboom charges sales tax in most states.
There is an additional $3 CEW (Electronic Waste) fee charged for orders shipped to California.
This is the last-generation iPad, meaning the one prior to the current generation. The fifth generation iPad was recently released and is called the iPad Air.
This price beats Apple's recent price drop of refurbished fourth generation iPads, which was to $379. However, Apple's refurbished iPad feature a new shell, a new battery, and the same warranty as a new iPad does. Apple's pricing for the same refurbished device is still $379.
Cowboom says the following about refurbished devices:
Refurbished items are processed by one or more third-parties to test and restore their condition. The goal is to restore the product to a standard as close to its original condition as possible.
A-B-C grading scale
If a refurbished item has been graded on the typical scale, one can safely assume it’s in full working condition. The A-B-C scale simply refers to its appearance:
A: Appearance is close to new
B: Appearance may show very slight signs of wear
C: Scratched or bearing some other cosmetic imperfection
A Factory Refurbished product has been refurbished by the actual manufacturer.
Refurbished describes items that are refurbished by a 3rd party company that specializes in repair of those devices. A 3rd party uses their own standards of refurbishment and quality control. Because this process operates outside of the original manufacturer, manuals and software are typically not included. These are usually available for download from the manufacturer’s web site.
Again, this means the model is not as "new" as an Apple refurbished item is.
The iPad 4 has the following specs (WiFi model):
Height: 9.50 inches (241.2 mm)
Width: 7.31 inches (185.7 mm)
Depth: 0.37 inch (9.4 mm)
Weight 1.44 pounds (652 g)
802.11a/b/g/n Wi‑Fi (802.11n 2.4GHz and 5GHz)
Bluetooth 4.0 wireless technology
.7‑inch (diagonal) LED-backlit Multi‑Touch display with IPS technology
2048-by-1536 resolution at 264 pixels per inch (ppi)
Dual-core A6X processor with quad-core graphics
1.2MP Facetime camera
5MP rear-facing camera with 1080p HD video recording