iPhone trade-ins to start Friday in New York City

“Apple stores in the Big Apple will start taking trade-ins of older iPhones this Friday,” Garett Sloane reports for The New York Post.

“The much-anticipated Apple iPhone trade-in program, which is already being tested in some US stores, is aimed at jacking up sales of the next generation iPhone scheduled to hit store shelves next month,” Sloane reports. “Other carriers have similar trade-in programs, and third-party vendors, like Gazelle, also buy used phones. However, older iPhones maintain their value more than other smartphones. A 16-gigabyte iPhone 5, worth $650 new, could fetch around $315 used in “flawless” condition.”

Sloane reports, “The details of Apple’s trade-in program are still not public, and the Cupertino, Calif., company has yet to confirm it even exists… Staffers at the Soho and Upper West Side stores yesterday said trade-ins would start Friday, confirming the program exists.”

Read more in the full article here.

Related articles:
Apple’s new trade-in program may hedge iPhone business – August 27, 2013
How Apple’s iPhone ‘Reuse and Recycle’ trade-in program works – August 27, 2013
Apple to launch iPhone trade-in program in retail stores as soon as next month, sources say – August 26, 2013
Selling your old iPhone? Do it now – August 22, 2013
Cook’s plan: Grab iPhone sales share from resellers – July 5, 2013

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