iPad deal was too good to be true

LOUISVILLE, KY (WAVE) - A glitch in online pricing on the Sears website caused disappointment for many people who thought they were buying a second generation iPad for less than a third of its normal price.

It was a deal that seemed too good to be true. And it wasn't.

Word got around quickly Friday afternoon on Twitter and Facebook that www.sears.com was selling new apple iPad 2's from $69 to $179 (they normally sell for about $750).

People flocked to the site to take advantage of the reduced prices, but now Sears is telling customers the pricing was a mistake and the retail chain will not be able to honor the price.

In a statement, Sears officials said a third party had posted the incorrect prices on its website, and that all orders at the reduced price have been canceled.

Anyone who placed an order will have their funds returned.

We are looking into this matter and we'll bring you the latest information as soon as it's available.

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