14/03/2012 09:03 GMT | Updated 13/05/2012 10:12 BST

Tesco's £50 iPad 'Glitch' Will Not Be Honoured

You want the best deal on a new iPad, right? Tesco shoppers got the chance of a lifetime last night, as a glitch on the supermarket's website saw the new iPad offered for £49.99.

The offer spread across social media, with Twitter and Facebook users sharing the tip.

Online shoppers know a too-good-to-be-true offer when they see it, and many shared their disbelief.

And they were right to be sceptical. Unfortunately for opportunistic shoppers, the deal won't be honoured.

A Tesco spokesperson told The Huffington Post: "We always look to offer our customers unbeatable value but unfortunately this was due to an IT error, which has now been corrected. Most of our customers realised that this was an obvious mistake but we apologise for any inconvenience caused."

He also said that no money would be withdrawn from the accounts of customers who thought they'd scored a great deal.

The new iPad is not due for launch until 16 March, and will range in price from £399 for the 16gb Wi-Fi model up to £659 for the 3G and Wi-Fi model.

Any irate customers who think Tesco should honour the mistaken price may be sad to read the fine print. Tesco Direct's terms and conditions read: "If, by mistake, we have under priced an item, we will not be liable to supply that item to you at the stated price, provided that we notify you before we despatch the item to you. In those circumstances, we will notify the correct price to you so you can decide whether or not you wish to order the item at that price."

Apple was contacted for comment without reply.