Report: Apple to Launch Trade-In Service in Retail Stores for Older iPhones
June 6, 2013 5:43 PM
comment(s) - last by
It could start as soon as this month
Apple will reportedly launch a trade-in service this month for older versions of
, 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).
This article is over a month old, voting and posting comments is disabled
6/10/2013 7:11:46 PM
Brightstar is a joke.
phones from best buy trade in are graded on a scale then cleaned up and sold to different carriers as new.(like those .99 phones). Those who have the black tie protection plan get traded in phones that they call refurbished. theres no techs , they just buff the screen and repackage it.
Check some of their phones on cowboom.com. and see galaxy s2 phones for $450.
And remember to reset your phone & pull the sd card before you trade it in or everyone in that dept will see you photos.
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