Apple launches iPhone in-store trade-in program

[antowan]

http://www.latimes.com/business/la-fi-apple-trade-in-20130831,0,4056277.story

Apple Inc., looking to tap into the exploding market for used phones, has launched an iPhone trade-in program at its retail stores.

The move comes as the sale of higher-end smartphones is slowing, prompting gadget makers and wireless carriers to offer incentives to encourage customers to upgrade to the latest versions of their devices.

 

[bwana]

http://www.latimes.com/business/la-fi-apple-trade-in-20130831,0,4056277.story

Apple Inc., looking to tap into the exploding market for used phones, has launched an iPhone trade-in program at its retail stores.

The move comes as the sale of higher-end smartphones is slowing, prompting gadget makers and wireless carriers to offer incentives to encourage customers to upgrade to the latest versions of their devices.

No, Apple is looking to sell you a new phone

"It's important to remember that the smartphone resale market is still relatively small," said Walter Piecyk, an analyst at BTIG Research. "But it offers an interesting growth opportunity."

Ok, so it's a relatively small exploding market…