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This might be a regional thing, but I have never seen iTunes gift cards discounted where I'm from (Germany). What I've seen is that if you buy a gift card at face value, they give you an extra gift card for 10-15% of the value. And I've not once seen such a promotion for any non-iTunes gift card.

This approach leads me to assume that that either happens in co-operation with Apple, who are eating the extra cost for the special promotion, or the stores are paying out of their marketing budget for a loss leader.

I don't have any experience with the gift card markets in any other country, so things might just be different here. Either way this is all hypotheticals since I still can't find any good hard numbers.

EDIT: Of course you also need to take into account that not all sales in the stores are paid for though gift cards.



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