Just in time for a certain holiday, Apple has cut prices on refurbished units of both the original iPad and iPad 2 at its online store.

First spotted by MacRumors, the drops are anywhere from $20 to $50.

iPad 2

16 GB Wi-Fi: $319, down $30 from $349
32 GB Wi-Fi: $399, down $50 from $449
64 GB Wi-Fi: $499, down $50 from $449

16 GB Wi-Fi+3G: $449, down $30 from $479
32 GB Wi-Fi+3G: $529, down $50 from $579
64 GB Wi-Fi+3G: $629, down $50 from $679

Original iPad

16 GB Wi-Fi: $279, down $20 from $299
32 GB Wi-Fi: $349, down $50 from $399
64 GB Wi-Fi: $449, down $50 from $499

16 GB Wi-Fi+3G: $379, down $20 from $399
32 GB Wi-Fi+3G: $449, down $50 from $499
64 GB Wi-Fi+3G: $549, down $50 from $599

No word on whether the lower iPad 2 prices have anything to do with the news that newer editions of the tablet have a faster processor and better battery life.

Those looking for a deal on the new iPad are still out of luck as Apple has yet to offer any refurbished units. After being released at roughly the same time last year, the first refurbished iPad 2 wasn’t put on sale until late summer.