“If reports are true, Apple is days away from announcing its next-generation iPhone, the long-awaited follow-up to its fast-selling iPhone 4S,” Matt Brian reports for TNW. “If you’re already shuddering at the thought of paying out for the new device, Apple can help you offset the cost by offering you up to $345/£300 for your device, depending on its condition.”

“Using Apple’s Reuse and Recycle program, you are able to select the model, color and condition of your iPhone 4S (and other Apple devices) from the online wizard, which will then output a price that it believes your device is worth,” Brian reports. “If you agree and are able to send the power cable along with it, Apple will then send you a gift certificate, which can be redeemed against a new purchase on its online store.”

Brian reports, “As you’d expect, pricing differs depending on whether the iPhone has been subjected to scratches or is suffering from water damage.”

Read more in the full article here.