Apple Inc. (NASDAQ:AAPL) Stores Allow Trade-Ins For Non-Apple Phones Against iPhone

If you are keenly looking forward to buy a new phone and if iPhone is on the top of your options, then Apple Inc. (NASDAQ:AAPL) is giving you an interesting offer. Apple stores have made it possible for the consumers to swap their Windows, Android or BlackBerry handsets with the iPhones. Earlier, the Apple stores allowed trade-ins only on its own brand.

Where do analyst foresee upcoming resistance in AAPL?

Select phones available for the trade-in

For the deal, as of now, Apple Inc. (NASDAQ:AAPL) has allowed only selected phones for swapping, and that too, only when you go and get the credit at the Apple store. If you wish to do so at the online Apple stores, the feature is yet not available. The virtual stores are only allowing swapping of the old iPhones for credit.

You will be allowed to get the credit only for iPhone 6, iPhone 6 Plus and iPhone 5C against your old BlackBerry, Windows or Android devices. If you are looking for the Apple watch, you will not get any credit and will have to make the complete payment.

How much will Apple offer for older phones?

It is yet not clear as to what offer will Apple make on the smartphones, but only the store employees will be able to analyze the worth of your device. If you are thinking that you would get more or less equal credit like the older iPhones, you are highly mistaken. This is so because the old iPhone has a higher value since there is a higher demand for all recycled iPhones, which is not even close to the non-iPhones. iPhones tend to hold on their worth for much longer time.

What’s the catch?

The traders need to be aware because Apple may not offer you the best deal. Even though the company’s store is an easy option to trade the non-Apple phones with the iPhone, but deal may not always be in your favour. For example, the 2 year old iPhone 5 (unlocked and 16 GB memory-enabled) will fetch a consumer, $85, while the other companies like Amazon.com, Inc. (NASDAQ:AMZN) and Gazelle can offer up to $130 for this same device.

About the Author

John is a special projects and general assignment reporter, noted for breaking several exclusive stories.

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