Apple is working to increase iPhone sales by introducing a trade-in service, according to reports. This would mean that rather than wait every two years for each handset release, Apple hopes that users will trade in last year’s model for the new one each time the company updates the handset. At least that’s the plan.
The buyer takes a working iPhone into the Apple Store, and an employee will evaluate it. from there, they must answer a series of questions about the device to determine the trade-in value.
After that, the customer may use that credit towards another device, but they must qualify for an upgrade, which Apple must check with the carrier.
Seems everybody is getting into the trade-in market these days. Apple is, too.