{"id":45084,"date":"2013-08-31T09:38:50","date_gmt":"2013-08-31T07:38:50","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=45084"},"modified":"2013-08-31T10:14:40","modified_gmt":"2013-08-31T08:14:40","slug":"apple-readies-for-new-iphone-with-trade-in-program","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/mobile\/45084\/apple-readies-for-new-iphone-with-trade-in-program\/","title":{"rendered":"Apple readies for new iPhone with trade-in program"},"content":{"rendered":"

Apple Inc has launched a trade-in program in its U.S. retail stores for older models of its iPhone as it gears up for the launch of a new version of the smartphone, it said on Friday.<\/p>\n

Apple will give customers a credit for their old phones to be used toward the purchase of a new model, an Apple spokeswoman said.<\/p>\n

A thriving industry exists for older versions of smartphones, especially the iPhone, on websites such as eBay and Gazelle. Even broken iPhones can fetch as much as $125 from vendors, who resell them in the United States and internationally.<\/p>\n

Gazelle Chief Executive Israel Ganot estimated the used smartphone and tablet market in the United States will reach $14 billion by 2015.<\/p>\n

“So there’s obviously a huge opportunity here for multiple players,” he said.<\/p>\n

Apple shares dipped nearly 1 percent to $487.46.<\/p>\n

More on Apple<\/h3>\n

Out with Apple, in with Tesla<\/a><\/strong><\/p>\n

Apple sells more iPhones than expected<\/a><\/strong><\/p>\n

Apple developer site hacked<\/a><\/strong><\/p>\n

Apple controversy lifts the lid on Irish tax haven<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Apple Inc has launched a trade-in program in its U.S. retail stores for older models of its iPhone as it gears up for the launch of a new version of the smartphone, it said on Friday.<\/p>\n","protected":false},"author":7,"featured_media":1311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[25,51,209,6558],"class_list":["post-45084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-active","tag-apple","tag-iphone","tag-trade-in"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/45084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=45084"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/45084\/revisions"}],"predecessor-version":[{"id":45093,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/45084\/revisions\/45093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/1311"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=45084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=45084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=45084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}