CIO Today

CIO Today Network Sites:   Top Tech News  |   CIO Today   |   Mobile Tech Today   |   Data Storage Today
Daily Briefing for Technology's Top Decision-Makers
Neustar, Inc.
Protect your website & network
using real-time information & analysis

www.neustar.biz
Thursday, April 17th 
24/7/365 Network Uptime!
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Trending Topics:   Security Heartbleed Big Data Cloud Computing Windows XP Data Centers OS X Mavericks
Home
Enterprise Software
Enterprise Hardware
Big Data
Network Security
Cloud Computing
CRM Systems
Data Storage
Operating Systems
Communications
CIO Issues
Mobile Tech
Chips & Processors
World Wide Web
Business Briefing
After Hours
Press Releases
 
Free Newsletters
Top CIO News
 
Mobile Tech Today
 

Mobile Phones

Apple Launches iPhone Trade-In Program

Apple Launches iPhone Trade-In Program
August 30, 2013 3:26PM

Bookmark and Share
Just as it will be relatively easy to work with Apple through the whole process, it seems as though the process itself will be simple. Apple is offering the trade-in program at its stores, meaning that once the expected iPhone 5S launches, customers can walk in with their old iPhones and get new and improved ones. The program must also obey the rules of carrier contracts, however.

Your Next Generation Data Center Is Here! Vblock™ Systems: the world's most advanced converged infrastructure are built on the Cisco Unified Computing System with Intel® Xeon® processors. Vblock™ Systems deliver extraordinary time to market, ROI and TCO, and flexibility to meet your continually changing demands with 5X faster deployment, 96% less downtime, and 1/2 the cost. Click here to learn more.

For the first time in Apple's history, the tech giant has launched a trade-in program for old iPhones in order to boost sales for its new versions. Although offering trade-in deals for phones is great, Apple is going up against well-established companies such as Gazelle.

The Apple iPhone trade-in program is only available to U.S. customers and the value of an old device must be put toward the purchase of a new iPhone. Although the program was confirmed by Apple on Friday, details regarding how much it will pay for old phones have yet to be revealed.

Lots of Competition

Not only are there Web sites that offer trade-in deals for various electronic devices, but retail stores including Best Buy, Target and RadioShack also offer buybacks. Between the numerous companies that already offer these programs and reports suggesting that Apple will not pay as much as its competitors, the company may have a hard time finding people who are interested.

Rumors have circulated that Apple would be offering around $125 for an iPhone 4/4S as well as $250 for the iPhone 5. Those prices are good, but some online buyback programs offer more. Pricing for older iPhones on Craigslist or eBay has run as high as $400.

However, the convenience that comes with using Apple for the buyback program as well as purchasing a new device may be enough to attract customers. On Friday, Apple said in a statement that "iPhones hold great value."

"So, Apple Retail Stores are launching a new program to assist customers who wish to bring in their previous-generation iPhone for reuse or recycling," Apple said. "In addition to helping support the environment, customers will be able to receive a credit for their returned phone that they can use toward the purchase of a new iPhone."

How It Works

The process itself is expected to be very straightforward. Apple will offer the trade-in program at its stores, meaning that once the expected iPhone 5S launches, a customer can walk in with his or her old device, and walk out with a new and improved one at a savings.

The program does have limits, as it must still follow the rules of carrier contracts. To take advantage of the buyback credit, a customer will have to be eligible for an upgrade through the carrier. If not, early-upgrade charges may apply, depending on the carrier.

Quotes for trade-in value will be provided via BrightStar which means that real-time evaluations of the iPhone's worth will be offered. Once a quote is provided, an owner can either take it or leave it. Even with a higher trade-in price available elsewhere, the convenience factor alone is likely to attract many takers.

Tell Us What You Think
Comment:

Name:

pj williams:

Posted: 2013-09-04 @ 9:02am PT
great idea i love it



 Mobile Phones
1. Amazon 3D Smartphone Pics Leaked
2. Google's Modular Phone Set for January
3. CTIA Caves, Offers Kill Switch Plan
4. Study: Samsung Phone vs. iPhone
5. Report: Amazon Phone To Feature 3D




 Most Popular Articles
1. BlackBerry Drops T-Mobile After Nasty Spat
2. Will Satya Nadella Launch an Office for iPad?
3. Google Unveils Android Wear for Smart Watches
4. Cisco, IBM Launch Internet of Things Consortium
5. Salesforce CRM Gets Industry Specific for Internet of Customers

Have an informed opinion on this story?
Send a Letter to the Editor.
We want to know what you think.
Send us your Feedback.

 Related Topics  Latest News & Special Reports

  IBM Adds Disaster Recovery to SoftLayer
  Mark Hurd's 5 Keys to Market Success
  Amazon 3D Smartphone Pics Leaked
  Zebra Buys Motorola Enterprise Biz
  How To Beat the Heartbleed Bug

 Technology Marketplace

Business Intelligence
Get real-time, cloud-based information services with Neustar.
 
Cloud Computing
BMC's I.T. solutions unleash the power of your business
Next Generation Data Center Is Here! Vblock™ Systems from VCE
 
Contact Centers
HP delivers the future of the contact center with HP Qfiniti 10.
 
Data Storage
Next Generation Data Center Is Here! Vblock™ Systems from VCE
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
Barium Ferrite (BaFe) is the future of tape.
 
Enterprise Hardware
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
Barium Ferrite (BaFe) is the future of tape.
 
Enterprise I.T.
BMC's I.T. solutions unleash the power of your business
 
Hardware
Protect your network with APC Smart-UPS battery backup
 
Network Security
Protect your network with APC Smart-UPS battery backup
 

Network Security Spotlight
IBM Offers Security, Disaster Recovery as SoftLayer Service
New disaster recovery and security services for SoftLayer clients are being added by IBM. Big Blue said the new capabilities will speed cloud adoption by alleviating concern over business continuity.
 
How To Beat the Heartbleed Bug
Heartbleed headlines continue as IT admins scramble for answers no one has. Early reports of stolen personal data, including 900 social insurance numbers in Canada, are starting to trickle in.
 
After Heartbleed, OpenSSL Calls for More Support
The president of the OpenSSL Foundation says more support is needed from companies and governments that use its software so that it can better spot and fix flawed pieces of code such as Heartbleed.
 

Enterprise Hardware Spotlight
Vaio Fit 11A Battery Danger Forces Recall by Sony
Using a Sony Vaio Fit 11A laptop? It's time to send it back to Sony. In fact, Sony is encouraging people to stop using the laptop after several reports of its Panasonic battery overheating.
 
Continued Drop in Global PC Shipments Slows
Worldwide shipments of PCs fell during the first three months of the year, but the global slump in PC demand may be easing, with a considerable slowdown from last year's drops.
 
Google Glass Finds a Home in Medical Education, Practice
Google Glass may find its first markets in verticals in which hands-free access to data is a boon. Medicine is among the most prominent of those, as seen in a number of Glass experiments under way.
 

Mobile Technology Spotlight
Amazon 3D Smartphone Pics Leaked
E-commerce giant Amazon is reportedly set to launch a smartphone after years of development. Photos of the phone, which may feature a unique 3D interface, were leaked by tech pub BGR.
 
Zebra Tech Buys Motorola Enterprise for $3.45B
Weeks after Lenovo bought Motorola Mobility’s assets from Google for $2.91 billion, Zebra Technologies is throwing down $3.45 billion for Motorola’s Enterprise business in an all-cash deal.
 
CTIA Caves, Volunteers Kill Switch Plan
After bucking against the concept of a smartphone kill switch, the CTIA just announced the “Smartphone Anti-Theft Voluntary Commitment” to thwart smartphone thefts in the U.S.
 

Navigation
CIO Today
Home/Top News | Enterprise Software | Enterprise Hardware | Big Data | Network Security | Cloud Computing | CRM Systems
Data Storage | Operating Systems | Communications | CIO Issues | Mobile Tech | Chips & Processors | World Wide Web
Business Briefing | After Hours | Press Releases
Also visit these Enterprise Technology Sites
Top Tech News | CIO Today | Mobile Tech Today | Data Storage Today

Services:
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About CIO Today Network | How To Contact Us | Article Reprints | Services for PR Pros (In partnership with NewsFactor) | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 CIO Today. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.