“Best Buy says it had the biggest day ever for its four-year old trade-in program on June 1,” Edward C. Baig reports for USA Today.
“That’s when the electronics retailer gave customers the opportunity to trade in iPhone 4 and 4S models and get a ‘free’ iPhone 5 in return,” Baig reports. “Best Buy won’t disclose just how many older iPhones were turned in that day. But the company is about to re-launch the promotion on Friday and keep it going for 9 days.”
Baig reports, “Under the program, customers who trade in an older working model iPhone 4 or 4S can earn a credit of up to $150, which can be used to cover the purchase of a new 16 gigabyte iPhone 5, at the retailer’s current $149.99 price. The price factors in a $50 instant rebate that stays in effect until June 29.”
More details in the full article here.