As Prime Day enters its second and final day, Amazon appears to be making a concerted effort to clear out inventory with this jaw-dropping 40% price cut. Such a significant discount on an Apple product is virtually unheard of and makes this an opportunity that’s hard to ignore.

Amazon’s October Prime Day event is officially live. If you’re shopping for the holidays or grabbing a gift for yourself, you can get an instant $150 Amazon gift card to help you save even more when you’re approved for the Prime Visa credit card.

Amazon has become a leader in the refurbished electronics market and their renewed products have earned a reputation for reliability and quality. The iPhone 12 deal has surged to become the best-selling item in the renewed category during this Prime Day event.