If you're worried about not having enough cash to pay for the upcoming iPhone 5S, you're in luck. Apple is reportedly rolling out a new trade-in program ahead of the next iPhone. With this program, you'll be able to trade in your old iPhone and get a new smartphone for a few bucks.
The trade-in program has already been tested at some Apple stores, TechCrunch reports. Prices for old phones range from $120 to $200 for the 16GB iPhone 4 and 4S , and around $250 for the 16GB iPhone 5
Customers will be able to use the money to purchase a new iPhone model, or as TechCrunch reports, just receive the money once their contract with the mobile company has expired.
AllThingsD Monday that the news is true, but it is not yet known whether it will start in September with the launch of the new iPhone.
Bloomberg reported on the trade-in program in June, saying it was set to begin that month. At the time, Atlantic Wire reported that the program was likely a result of pressure Apple was facing from rival Samsung and was an effort by the company to break into emerging markets, where customers often pay full price for a new phone.
As for the Greek markets, the new program, if finally implemented, will provide relief to Apple fans since it comes at a very difficult economic time. On the other hand, who looks at iPhones if there are livelihood problems. In any case, whatever the economic situation of the country, the release date of the new iPhone in Greece is predicted to be hysteria once again.
