Apple today confirmed the launch of a trade-in program that will be available at its retail stores. iPhone owners will be able to take their functioning iPhone to an Apple Store and trade it in toward the purchase of a new iPhone.
“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,” said an Apple spokesperson. According to the Wall Street Journal, Apple will award up to $280 for old iPhones that are swapped for new ones.
However, in order to buy a new iPhone customers will have to sign a new contract with a wireless network operator. The program gets under way today, according to CNBC.
