“Users looking to trade in their iPhone 5 for credit toward a newer model will now get less value out of their old devices,” Mike Beasley reports for 9to5Mac.
“Today Apple cut the trade-in value of the iPhone by $45, from the previous $270 down to only $225,” Beasley reports. “The change is visible on websites for both United States and Canada Apple Stores, but it is likely that stores in other countries will see changes in local currency equivalents.”
Beasley reports, “This change comes just days after the program launched in Italy, with Australian stores planning to follow suit soon. Trade-in values have a tendency to fluctuate, of course. In March of this year the value reached $275. A month before that it was only $250.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Judge Bork” and “Lynn Weiler” for the heads up.]