You'll Finally Be Able to Trade in Your Old iPhone
Sources say Apple's first upgrade program is coming
By Evann Gastaldo, Newser Staff
Posted Jun 7, 2013 8:20 AM CDT
An AT&T customer tries out an Apple iPhone 4 at an AT&T store in Palo Alto, Calif., in this Jan. 11, 2011 file photo.   (AP Photo/Paul Sakuma, File)

(Newser) – You know that ancient iPhone 4 from 2011 that you're still saddled with? Well, multiple sources tell Bloomberg that you'll soon be able to trade it in for a discount on the shiny and (relatively) new iPhone 5. It's the first time Apple has allowed such a thing, notes Rebecca Greenfield on the Atlantic Wire; she thinks it's a result of just how much Apple's market positioning has dropped lately—and how scared it is of Samsung. Under the program, said to launch this month, Bloomberg predicts that customers with working iPhone 4 or 4S models may be able to get a basic iPhone 5 for no money down.

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Showing 3 of 5 comments
mcmasterp
Jun 7, 2013 8:09 PM CDT
This is because the other day they banned apple from importing any new iphone 4/ipad after that successful lawsuit by samsung. They probably do good business selling those to carriers who turn around and sell them to people for 99 cents with 2yr contract
scott-houghton
Jun 7, 2013 4:03 PM CDT
Pfftt, I'm still trapped with the 3GS! I'm surprised mine doesn't run on steam!
FigFantastico
Jun 7, 2013 11:30 AM CDT
Who cares? The iPhone 5 isn't even the best phone on the market. A great phone indeed, but nit the best. And why do we insist on calling them phones? That isn't even their primary purpose anymore...