Apple Announces New Discount Program For Employees; $500 Off Macs, $250 Off iPads

Apple held a company-wide town hall meeting today for employees to discuss “exciting new things going on at Apple.”

9 to 5 Mac reports that during today’s town hall meeting, Tim Cook announced that Apple employees will get $500 off on Macs and $250 off on iPads from June this year.

Cook announced that Apple employees will soon be given $500 discounts on purchases of new Macs and $250 discounts on purchases of a new iPad.

The new discount program will officially kickoff at some point during June 2012. A major caveat is that Apple employees may only utilize the opportunity every three years and employees must have been working for Apple for at least 90 days. 

9 to 5 Mac reports that the $500 Mac discount is not applicable to Mac Minis. Currently Apple employees are entitled to 25% discount on Macs and we’re hearing that the discounts announced today will be on top of the 25% discount.

With more than $97 billion in the bank and posting record revenues and profits last quarter, Apple can afford to be generous to their employees who have worked hard to make it one of the most successful companies in the world.