Want a Good Deal on an iPad? Work at Apple for a Few Months

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Apple CEO Tim Cook

New Apple CEO Tim Cook is pleased with his company’s recent performance – so pleased, in fact, that he reportedly told employees at a “Town Hall” meeting that they’d soon be eligible for deep discounts on iPads and Macs.

The discounts apparently won’t go into effect until June, but employees will be able to save $250 off the price of an iPad and a whopping $500 off the price of a Mac. The catch, as 9to5Mac reports, is that the discounts can only be used once every three years and employees will be required to have been with the company for at least 90 days.

(MORE: Apple Reports Record Sales, Profit on Massive iPhone, iPad Sales)