Apple Cuts Maximum iPhone Trade-In Value Down to $225 in U.S. and Canada
The adjustment comes as older iPhones typically lose their value over time, with Apple likely gearing up to launch the iPhone 6 this fall. Apple started the program before the release of the iPhone 5s and iPhone 5c last fall, with the company noting that it would discard of older iPhones in an environmentally conscious manner.
Since then, Apple has expanded the program to a number of countries, including the UK, France and Germany. Alternatively, Apple also offers a mail-in recycling program that allows customers to send in a device for store credit.