Despite being a pioneer of mobile technology, Apple is a little late to the game when it comes to helping customers trade enter those products.
According to CNBC on Friday, the Exchange program is set to launch today, 30 August.
Details are still scarce as Apple has released any details, so we will have to wait and see all day.
But before buyers can exchange their iPhones old and worn for a new device at one lower cost, or even free, there is a slight problem.
The business news channel reported that the participants of the program of an Exchange should abandon the stores with a new contract.
That is not very surprising or even irrational, but definitely something to keep in mind for customers in the middle of your subscriptions or even nearing the end.
Compared with other Exchange programs existing technology, it is not as simple as just as dropping an iPhone used in wrap bubble-lined with a prepaid shipping label and get refund via PayPal.
For example, Gazelle is currently offering up to $210 in cash by an "impeccable" uses iPhone 4S with 16GB of space from AT & T. Amazon is to distribute up to $230 in store credit line for the same model through its own Exchange program.
Apple already has a program similar to the Amazon service, offering cards gift shop for electronics, including iPhones, iPads, MacBooks, and even other desktop PCs and laptops.
Of course, consumers still would have to sign another contract if you choose to buy a new iPhone through Apple, but at least there is less work involved in this scenario.
The launch of an iPhone exchange programme is also fueling the fire that Apple is clearing house for a new generation.
After months without anything from Cupertino, the anticipation and buzz for the next iPhone is reaching a boiling point.
Analysts and consumers alike could have their wishes (at least concerning a new debut) soon as reports have been circulating, pointing to a presentation on Tuesday, September 10.
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