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Trade-ins for Apple's tablets jump tenfold on eBay in anticipation of the iPad 3

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Trade-ins for Apple's tablets jump tenfold on eBay in anticipation of the iPad 3
EBay's trade-in program saw a huge tenfold increase in the number Apple's iPad and iPad 2 on offer compared to the same period last year. 

175, 000 devices were offered in February alone to the company's Instant Sale program, where you get the cash, and eBay takes care of shipping and wiping.

Since the Instant Sale commerce site launch there have been 7.5 million trade-ins, the majority of which were Apple gadgets. Of its two tablets, the first iPad has been the one most often traded, and people are getting rid of it in droves now, in anticipation of the iPad 3 launch.

Apple has a press event scheduled in the Yerba Buena Center for the Arts in San Francisco next Wednesday, so the iPad trade-ins will keep increasing in the next seven days or so.

source: CNET

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