Apple confirms iPhone trade-in plan; consumers can receive as much as $280 toward the purchase of a new iPhone
To receive credit toward a new Apple iPhone, the trade must be in working condition and the customer has to be under contract from a carrier. The new trade-in policy will pit Apple against other third party companies like Gazelle that have become successful marketing their own iPhone trade-in service.
This is the time, just weeks before Apple is expected to introduce the new Apple iPhone model, when current owners of Apple's iconic smartphone start to think about trading in their current iPhone for the next version. By now, these people have heard the various rumors of what new features are likely to appear in a new model, and are looking for ways to make it happen financially. The Cupertino based company is expected to introduce the next iPhones on September 10th with the unveiling of the Apple iPhone 5S and the budget priced Apple iPhone 5C. New features expected on the iPhone 5S include an improved camera sensor with a lower aperture to take better pictures under low-light conditions, a faster and more powerful A7 processor, a longer lasting battery and a possible fingerprint sensor embedded in a new sapphire home button.
Besides using the program as an incentive to those who simply want the next Apple iPhone model, Apple Store workers will suggest a trade to those facing costly repairs for their iPhone, even if that phone does turn on.
1. andro. (Posts: 1890; Member since: 16 Sep 2011)
Sounds like apple is getting really worried,desperate to hold onto the level of marketshare it has left before it drops even lower
2. bucky (Posts: 1096; Member since: 30 Sep 2009)
Sounds like you're shopping for an iPhone if you only pay attention iPhone articles.
3. Ninetysix (Posts: 929; Member since: 08 Oct 2012)
Apple will be fine specially when we have tons of fanboiz posting in Apple related articles.
10. bigstrudel (Posts: 396; Member since: 20 Aug 2012)
#1 selling smartphone brand and still gaining market share in the US. Still by far the most profitable in the smartphone business. Apple isn't going anywhere.
13. XperiaFanZone (Posts: 454; Member since: 21 Sep 2012)
From 20% market share in smartphones to 14% in a year. Apple isn't going up for sure.
19. PAPINYC (Posts: 1834; Member since: 30 Jul 2011)
Soon that 14 will be just a lonely pathetic 4 :-)
14. Mxyzptlk (Posts: 2439; Member since: 21 Apr 2012)
Sounds like you're not running out of free time since you're trolling an apple article.
For the record Apples marketshare isn't dropping.
17. DukeX (Posts: 323; Member since: 28 Aug 2013)
Seriously your the last person to be calling anyone a troll. For a person that has talked down on Motorola for 2 years it seems like soneone is running out of stuff to say themselves...
24. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)
He Trolls™ on Moto articles, and really hates Moto!
He also hates Android cause he feels really jealous of the freedom of features it provides, unlike an OS with an app launcher with it's fake unreal halfbaked Darwin OS which swipes left and right that the OS is trying, during to become like Android™®©
27. DukeX (Posts: 323; Member since: 28 Aug 2013)
Sup TROLL. Im new here but I've been watching the activity on this site for over a year. I just couldn't stand to not register amymore. Mxy really was getting to me. But anyway im Duke. Happy to be apart of phonearena finally!
25. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)
Yea from 700p to 470p big drop. And will tumble even more! ™
33. rusticguy (Posts: 2699; Member since: 11 Aug 2012)
You troll Android/Google articles more i think and foam at mouth on Apple articles. Are you upset that you are in danger of losing the title of biggest troll here?
18. PAPINYC (Posts: 1834; Member since: 30 Jul 2011)
Sounds like they realize they have to keep a tight noose on that iRope or the herd will go aGrazing elsewhere. $280 is a pretty low depreciation value, does anyone know if this credit will be in conjunction with any carrier iSubsidies for 2-year contracts and/or upgrades (T-Mobile not included - you have those "Value Plans", not much of a "Value" now.
29. Whateverman (Posts: 3064; Member since: 17 May 2009)
I think so. Grandfather unl. data VZW customer gets no love.
4. -box- (Posts: 3470; Member since: 04 Jan 2012)
also known as the "trade in your older phone so we can refurbish it and sell it for almost pure profit to another idiot again and again, and boost our sales numbers!" program, as well as the "artificially trying to drive up the price of iphone trade-in value and used sale prices!" program
8. Napalm_3nema (Posts: 438; Member since: 14 Jun 2013)
They don't need to artificially drive it up, since they already have the highest resale value by far. A 16GB iPhone 5 goes for $25-$50 less than an S4 or One, and around $100 less than a Lumia 1020 on the secondary market. By Christmas, a 5 will go for more than all of those.
34. rusticguy (Posts: 2699; Member since: 11 Aug 2012)
Despite this Apple would just value it for $280 _max_
What do we call this? Another iThug scheme?
6. fanboy1974 (Posts: 818; Member since: 12 Nov 2011)
If this includes the iPhone 5 than the most you would get for a $849 (plus tax) 64gig device is $280. I could only imagine what they give for a $649 16gig iPhone 5.
7. androidfanboy (Posts: 162; Member since: 24 Jun 2013)
Apple is going to lose profit because of this
31. -box- (Posts: 3470; Member since: 04 Jan 2012)
Nah, they'll sell the trade-ins over and over, and refurbish the trade-ins. Likely pure profit for them since they're relatively dirt-cheap for them to work.
9. GeekyGene (Posts: 70; Member since: 25 Aug 2013)
Apple is doomed!! Now that's out of the way.
It's good though that Apple is fully taking on old devices. The rate at which technology (especially phones) are released and then superseded is something that's pretty damn wasteful from an environmental perspective. The longer these things have a useful life to someone the better!
The $280 max seems a bit low though. I mean if you consider the price of a 64gb iPhone 5.... would they really only give you $280 for it? You could easily get more elsewhere so must be something else to it? They know iPhones have a good resale value - and so do their customers.
11. Ravail (Posts: 181; Member since: 14 Oct 2011)
Apple is only doing this kind of program because their market share is being taken by Android.
16. GeekyGene (Posts: 70; Member since: 25 Aug 2013)
Ok. Let's assume you are correct, keeping in mind that they are a business and react to competition that threatens products they sell (like any business does).
Assuming you are correct though, that that's the sole reason for this.
It matters because why?
12. pellegrini (Posts: 81; Member since: 14 Jun 2012)
Just sell your nice IPhone 4S/5 to Apple for $280, so they can refurbished it and sell for $400 (or more).
PS: You will still need to pay the difference to get the 5S.
15. fanboy1974 (Posts: 818; Member since: 12 Nov 2011)
$280 is the max so if you have any 4S or iPhone 16/32gig model you will get less. $280 is a slap in the face for an iPhone 5 64gig. That phone is still $900 retail if you count tax.