• Login
No Result
View All Result
The Urban Twist
NEWSLETTERS
  • News
  • Politics
  • Entertainment
  • Culture
    • Lifestyle
  • Features
  • Opinion
The Urban Twist
No Result
View All Result
Home Tech Mobile

Apple Relying on Trade-In Program to Boost Sales

Apple is using a trade-in program to boost sales for their iPhone.
  • John Bean By John Bean
  • /
  • June 8, 2013
  • 11:36 am
Facebook
Twitter
Email
Apple Logo
Photo Credit: Apple Inc.

Apple has devised a solution to their problem: iSwap.

Okay, they are not calling it iSwap, but Bloomberg reports that Apple will start a trade-in program this month. Apple is looking to boost sales for the iPhone 5. According to Digital Trends, Apple is also looking to profit from the re-sale of trade-ins in emerging markets.

Bloomberg said Apple will be teaming up with mobile phone distributor Brightstar, which does trade-ins for AT&T and T-Mobile as well.

According to Tech Crunch, this is not the first time Apple has used a trade-in program. Tech Crunch said Apple accepted trade-ins back in August 2012, and offered $345 in store credit. In that program, Apple teamed up with PowerOn, and called it their “recycling program”. Tech Crunch points out that the difference is the trade-in program will only be available in Apple’s retail stores.

Digital Trends reports that the trade-in business is growing. According to Digital Trends, 11 percent of consumers buying a new smartphone used a trade-in service in 2011, and Israel Ganot, the CEO of Gazelle, told Digital Trends the figure will rise to 20 percent this year.

Roger Dentler, an analyst at Recon Analytics, believes this is a good move by Apple. Dentler said, “This will help them sell more phones, because it will lower the consumer’s out-of-pocket expense.”

None of the recycled phones will be sold in the US. They will only be sold overseas.

It was a busy day for Apple. They also are reportedly going to start an internet radio service with Sony. UPI.com reported that Apple is also expected to make an announcement about iOS 7. Apple has been feeling the heat. Samsung raised the bar with the release of their latest smart TV. Apple now has to step up their game. How will they respond? They say competition brings out the best in everyone.

 

 

Tags: AppleiPhone Trade-in
John Bean

John Bean

John Bean just completed his junior at the University of Missouri, and expects to graduate in May 2014. John is a journalism major, and is also working on a business minor. He grew up near Chicago, and hopes to become a sportswriter someday. To answer everyone’s question, he prefers the White Sox over the Cubs. John is currently an intern for TheUrbanTwist.com.

From The Web

Related Stories

Related Posts

Technology

Apple Unveils New iMessage Features And ‘Apple Library’ In iOS 14 System

June 23, 2020
News

Apple Says Stolen Products Are Disabled & Being Tracked; Looters Warned

June 5, 2020
Cover Story

Steve Wozniak warns to GET OFF Facebook and Instagram

July 1, 2019
Tech

Apple Case on DrakeMall Mystery Box Site: Chance to Win New iPhones or iPad

January 24, 2019
Tech

The Tech Field Is Booming: Here’s Why

November 21, 2018
Video Games

Take Your ‘Fortnite’ Addiction On The Go…if You Have an iPhone

April 4, 2018

TRENDING

Sorry. No data so far.

LATEST NEWS

Kim Kardashian’s Plea to President Biden: Severe Ties with Azerbaijan

2 weeks ago
Ice Spice Teams Up With Dunkin’ in an Unconventional Donut Collaboration

Ice Spice Teams Up With Dunkin’ in an Unconventional Donut Collaboration

2 weeks ago
selective focus half face closeup photography of female s green eyes

3 Essential Tips to Choose the Right Lash Style for You

3 weeks ago
shallow focus photo of stormtrooper

4 Benefits of Playing Gel Blasters for Teenagers and Adults

3 weeks ago
close up photography of man smoking

Vaping Linked to Lower Sperm Counts, Reduced Sex Drive, and Shrunken Testicles

3 weeks ago
Lyia Meta’s ‘Always You’ is Perfect for Jazz Lovers

Lyia Meta’s ‘Always You’ is Perfect for Jazz Lovers

2 months ago
  • Write For Us
  • Home
  • Contact Us
  • Terms
  • Privacy
  • Copyright & DMCA
  • About Us
  • Fact Checking Policy
  • Corrections Policy
  • Ethics Policy
  • Ownership Policy

Copyright © 2021 Phoenix Stokes Media Group, LLC. All rights reserved.
Website designed and developed by P.S. Web Pros.

No Result
View All Result
  • News
  • Politics
  • Entertainment
  • Culture
    • Lifestyle
  • Features
  • Opinion

Copyright © 2021 Phoenix Stokes Media Group, LLC. All rights reserved.
Website designed and developed by P.S. Web Pros.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.