Apple Inc. (NASDAQ:AAPL) is set to launch its new iPhone next month. While the loyal customers are preparing to buy the new iPhone, at the same time, they have started weighing their options to make the best trades for their current iPhones. According to a report from comScore, most of the iPhone 5S users are looking to sell their phones in order to get their hands on the Apple Inc. (NASDAQ:AAPL)’s iPhone 6. Wall Street Journal referred to this study in an article and said that while the majority of the current iPhone users will be checking eBay and Craigslist for the best bang for their iPhones, there are many other options that can prove to be profitable in selling the iPhones.
According to WSJ, Amazon.com, Inc. (NASDAQ:AMZN) always offers the best rates for the iPhones, but the payment method remains an issue because it only offers payments in the form of gift cards. Similarly, Apple Inc. (NASDAQ:AAPL) has its own trade-in program, but the rates offered by Apple are always less as compared to other websites. Then there are sites like Gazelle, Next Worth and Glyde, which are offering ready cash and good offers for the used iPhones.
The article then showed the prices for 16GB iPhones offered by different websites or retailers by categorizing carrier services and iPhone models in the form of charts. According to Wall Street Journal, the price largely depends on the condition of the phone, carrier service and accessories. The article also stated Apple Inc. (NASDAQ:AAPL)’s iPhones that are unlocked are more valued at Amazon.com, Inc. (NASDAQ:AMZN) as compared to locked iPhones.
Carl Icahn‘s Icahn Capital LP is one of the largest Apple Inc.(NASDAQ:AAPL)’s shareholder with over 52 million shares of the company.
Disclosure: None
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