It's the most wonderful of time of the year indeed, at least for those who want to own an iPhone or an Apple Watch. If you dream of owning these Apple products, but lack the budget, then this is your chance. Apple announced that they are selling factory-refurbished Apple Watches and iPhones at a cheaper price.

Just last month, Apple added iPhones to their list of refurbished online offerings (along with iMacs and MacBookds), and now they have another offering. Cult of Mac reported that you can score an Apple Watch Series in a 38mm rose gold aluminum case for $40 cheaper or about $229. Similar to new units, this comes with a one-year Apple warranty, plus all orders get free shipping.

Apple Watch Series are sold for about $509 for the 42mm space black or stainless steel case - that's roughly 15 percent off, The Verge reported - and $469 for 38mm space black stainless steel case.  Both Series 1 and Series 2 feature a faster dual-core processor, but Series 2 has a built-in GPS, increased water resistance and a display that is said to be 2x brighter.

Apple-owned Beats by Dr. Dre Tour2 are also available. The sweat- and water-resistant earbuds, which are perfect for working out, is at its lowest price so far. These headphones feature an in-line microphone and controls, tangle-free cables, four pairs of multisize/multishape eartips, three pairs of multisize wingtips, and a hard shell case.

Duet Display is sold at half the price. These multi-taskers can turn your iPad or iPhone into a second monitor for Mac or PC.  Meanwhile, if it's an iPhone you want, you can get an unlocked iPhone 6s 16GB for $320.  This is also backed by a 60-day vendor warranty. Colors available are space gray and gold.  Naturally, stocks vary by the minute, and it's not clear how deep Apple's stock is.