Apple Rumoured to Raise Trade-in Values of iPhone 4 and 4S in the US

In an attempt to boost iPhone 5s and iPhone 5c sales, Apple is preparing to increase trade-in values of the four-year-old iPhone 4 and three-year-old iPhone 4S, documents obtained by iLounge reveal.

Upgrade 2x

According to these documents, Apple will offer up to $199 for an iPhone 4S, and up to $99 for a iPhone 4, when traded in for a new handset. This obviously doesn’t allow new iPhone buyers to cut acquisition costs at all, however.

The upgrade option will be shared with eligible customers, iLounge’s sources say, as Apple Store workers were instructed to talk about this great upgrade opportunity possibly by rolling into Apple’s iPhone Reuse and Recycling program.

9to5Mac reported earlier that Apple is making preparations for a major iPhone upgrade event to boost sales, and the documents obtained by iLounge seem to corroborate those rumours. Canadians can only hope that Apple will increase the already active iPhone Reuse and Recycling program, which currently offers up to $270 for an iPhone 3GS or later.