Used iPhone trade-ins spike ahead of next model's release

Used iPhone trade-ins spike ahead of next model's release
If you've ever tried finding a way to trade-in your old electronics for cash, smartphones included, Gazelle is probably one of the businesses whose web page you've landed on. The gadget buyer is willing to help you rid of the stuff you don't need anymore and is even ready to pay you in return.

Now, Gazelle is reporting that its businesses is experiencing a strange phenomenon. Reportedly, an unusually massive crowd of people is trying to get rid of their iPhones, presumably in anticipation of the next model to arrive. The company pointed out that the number of all iPhone trade-ins has almost doubled over the course of the past 2 weeks.

While the spike in iPhone trade-ins would have been nothing out of the ordinary if the new iPhone model was already on the market, seeing people dumping their smartphones ahead of its release does not make much sense. After all, a phone is not the kind of device that one can simply do without until a replacement comes along.

"Last year we were getting about 100 a day pre-announcement, and it spiked to about 2,000 per day post-announcement. So we haven't even hit it yet and we're almost at 2,500 this week," said Anthony Scarsella, Gazelle's "chief gadget officer" in a phone interview with CNET.

Apple is expected to unveil the iPhone 5 or iPhone 4S, depending on which rumors you prefer to believe, during an event scheduled for October 4. And while we can only guess how long it is going to take it to hit the shelves after that, there is little doubt that the hype surrounding the next iPhone iteration is, as usual, of massive proportions.

source: CNET

Related phones

iPhone 4s
  • Display 3.5" 640 x 960 pixels
  • Camera 8 MP / 0.3 MP VGA front
  • Processor Apple A5, Dual-core, 800 MHz
  • Storage 64 GB
iPhone 4
  • Display 3.5" 640 x 960 pixels
  • Camera 5 MP / 0.3 MP VGA front
  • Processor Apple A4, Single core, 1000 MHz
  • Storage 32 GB
  • Battery 1420 mAh(7.00h 3G talk time)

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24 Comments

1. jenulad

Posts: 11; Member since: Sep 20, 2011

May be they are all planning to buy SGS2 LOL!!!!!!!!!!!!!!!!!!

20. The_Miz

Posts: 1496; Member since: Apr 06, 2011

Only in lalaland

2. taco5O.

Posts: 12; Member since: Sep 22, 2011

Great, i'm dropping my iphone 4 to buy the Nexis Prime when it comes out !

4. pongkie

Posts: 663; Member since: Aug 20, 2011

you used to defend the iphone what happened?

5. jenulad

Posts: 11; Member since: Sep 20, 2011

I think he is just kidding..... :)

6. taco5O.

Posts: 12; Member since: Sep 22, 2011

No im not kidding. I'm going to sell my scrappy iphone 4 and go buy the Nexus Prime.

7. iKingTrust

Posts: 716; Member since: Jul 27, 2011

yea me too. I am tied of the crap.

8. PeterIfromsweden

Posts: 1230; Member since: Aug 03, 2011

Whats up with you two ??

10. ivanko34

Posts: 617; Member since: Sep 04, 2011

hey you must continue to buy apple you cannot escape

11. PeterIfromsweden

Posts: 1230; Member since: Aug 03, 2011

What's up with you ? I have never even bought a apple product.

13. biophone

Posts: 1994; Member since: Jun 15, 2011

Thats not taco.

15. iKingTrust

Posts: 716; Member since: Jul 27, 2011

i think my emotions got the best of me this morning. i am back now. SN: that cannot be Taco

9. mannyfs

Posts: 69; Member since: Feb 11, 2011

i dont understand why would anyone trade an iphone for a droid, all droids are hold on to w a lot of excitment and anticipation but a week after they come out all the reviews express how much they crash, battery drains and weird sounds coming out the speakers, WTF? nothing against droids, just saying cuz a lot of people hate on iphone when they were the pioneers and the only ones who have actually been able to pull this s**t off. just dont hate on iphones, they r quality phones NOT quantity phones like droids

21. The_Miz

Posts: 1496; Member since: Apr 06, 2011

I bet it's Sniggles trying to be a smartass.

3. pongkie

Posts: 663; Member since: Aug 20, 2011

my brother mysteriously "misplaced" his iphone... hmmmmmmmmmmmmmmmmmmm

12. Mube1

Posts: 153; Member since: Sep 22, 2011

Apple plz bluetooth sharing!

14. taco50

Posts: 5506; Member since: Oct 08, 2009

That's not me they put an O instead of 0. What is a nexus prime? Some kind of steak?

16. iKingTrust

Posts: 716; Member since: Jul 27, 2011

Welcome back the real Taco

27. pongkie

Posts: 663; Member since: Aug 20, 2011

oh yeah thats right.... i thought the sky is falling

17. gallitoking

Posts: 4721; Member since: May 17, 2011

I knew the smell of sulfur could not come from taco... is a fandroid that is doing this while their phone restarts....

18. Lotus

Posts: 6; Member since: Sep 15, 2011

Article aside, why anyone uses that horrible website is beyond me. A fully functional Evo with a cracked camera cover only gets $5! That's a $30 fix on a phone that can be sold for well over $150. Complete ripoff/scam. People need to learn to use craigslist or eBay, or just trade into Target or Radioshack or Best Buy for some real trade-in value.

19. christianqwerty

Posts: 467; Member since: May 05, 2011

i sold my iphone 1g to At&t and they gave my 40$ in any condition toward my samsung focus

22. behemoth unregistered

Looks like the control chip inside their heads has gone off their islave pfrogramming has gone off forcing them to buy the 'new' phone with slightly better camera. Most funny off all is that a whole load of even dumber islave are about to spend a fortune and continually dropping calls buying the con that us iphone 4 of these other fools!!!!

25. Tristann

Posts: 76; Member since: Nov 04, 2010

Gazelle site is a rip off lol They'll give you 250 max for your iPhone 4 in PERFECT condition vs The 400+ you could make by selling on eBay or craiglist.

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