backtop


Print

It could start as soon as this month

Apple will reportedly launch a trade-in service this month for older versions of iPhones.

According to Bloomberg, Apple will partner with Brightstar Corp. (a provider of specialized global wireless distribution and services) to start an iPhone trade-in service at Apple retail stores as soon as this month. 

Brightstar, which also runs trade-in programs for AT&T and T-Mobile, will be expected to take care of Apple's iPhone trade-ins as well. 

The service will allow owners of iPhone 4s or iPhone 4Ss to trade in their old phones for money or an upgrade to the iPhone 5. 


The idea behind the service is to get customers to upgrade to Apple's newest devices. At AT&T, many customers get about $200 for trading in their old iPhones -- which could be put toward a new iPhone 5. 

Meanwhile, Brightstar resells the old iPhones to emerging markets where demand for cheaper devices is much higher. This allows newer devices, like the iPhone 5, to thrive in developed markets like the U.S. 

Rumors have been circulating for awhile that Apple is working on a cheaper version of the iPhone, but no further details about specs or a release date have been released.

In the meantime, trade-ins can serve as cheap resales for the company (however, it doesn't appear these old iPhones will be resold in the U.S., so residents will have to wait until the cheaper iPhone materializes). 

Source: Bloomberg





"Intel is investing heavily (think gazillions of dollars and bazillions of engineering man hours) in resources to create an Intel host controllers spec in order to speed time to market of the USB 3.0 technology." -- Intel blogger Nick Knupffer
Related Articles






Most Popular ArticlesASRock Z370 Killer – Powerful VR Ready Motherboard
November 30, 2017, 7:15 AM
Comcast xFi Advanced Gateway Modem/Router
December 6, 2017, 6:30 AM
OnePlus 5T - Star Wars Limited Edition
December 3, 2017, 6:35 AM
Harman Kardon – Home Speaker with Cortana
December 5, 2017, 5:55 AM
Samsung Galaxy A8+ - Leaked Images Online
December 2, 2017, 9:20 AM







botimage
Copyright 2017 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki