You have to feel bad for anyone who unknowingly purchased a third generation iPad within the last month (assuming they can’t return it). Because after only 30 days, that tablet has become obsolete.

The slate is being phased out by its younger, cooler, but same-sized sibling that is the fourth-generation iPad. Apple announced the new tablet at its media event this morning, alongside the also-new iPad mini

What’s the difference between the two? Well aside from the noticeable change from the old 30-pin dock connector to the Lightning plug, Apple has also given the tablet a speed bump with a new A6X processor (versus the A5X) and has expanded its LTE to Sprint and other carriers. The FaceTime camera has also been updated to HD.

It’s odd that Apple has decided to release such an update halfway through the iPad’s typical year-long life cycle, but there does seem to be a bit of silver lining here. As noted by The Verge, the Cupertino company is now offering refurbished third generation tablets for as low $379. That’s just $50 more than than the iPad mini.

Refurbished products from Apple are actually very top-notch. They are put through the same testing as new products, come with the same one-year warranty, and the iPads generally come with a new back and battery.

With the holidays around the corner, we expect these to sell out extremely quickly. So if you’ve had your eye on an iPad for a while, and weren’t impressed with today’s announcements, you might want to look into this.

What do you think, deal or no deal?