It’s a great time to be an Apple employee. Not only is it the most successful company on the planet right now, but it’s also slashing the price of some of its most popular products as a thank you to its employees. According to one report, the Cupertino company’s CEO, Tim Cook, announced at an internal Town Hall meeting that staff could enjoy $500 off a new Mac, and $250 off a new iPad.
The discount program will kick off this June, according to a 9to5Mac report, but it does have a few restrictions. The discount won’t be available to employees at any time, but once every three years. In order to be eligible, staff must have be working for the company for at least 90 days.
The $500 discount will not apply to the Mac mini, according to the report, which is little over $500 anyway. But it is significantly more than the 25% employees usually get off Mac purchases.
With rumors that the iPad 3 is set to launch this April, starting the discount program in June gives Apple two months to deal with customer demand before employees can start snapping up the third-generation device for themselves with $250 off.