Best Buy (BBY) Launches New iPhone Trade-In Offer (AAPL)
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Best Buy (NYSE: BBY) is launching a new trade-in offer for Apple (Nasdaq: AAPL) iPhones as the launch of the next-generation iPhone approaches.
According to the Best Buy website, users can trade-in a working iPhone 4S for a $200 gift card or trade-in an iPhone 4 for a $100 gift card which can be used toward the purchase of a new iPhone 5 (with 2-year contract).
The promotion started yesterday and runs through Sunday, August 18th.
Major U.S. carriers are included, save for T-Mobile (NYSE: TMUS) and no-contract phones are also excluded.
iPhones that are turned in must power on and cannot have water damage or a cracked screen, Best Buy said.
The next wave of iPhones are expected to debut on September 10th, with availability to be made shortly thereafter.
Shares of Best Buy are lower early Friday.
According to the Best Buy website, users can trade-in a working iPhone 4S for a $200 gift card or trade-in an iPhone 4 for a $100 gift card which can be used toward the purchase of a new iPhone 5 (with 2-year contract).
The promotion started yesterday and runs through Sunday, August 18th.
Major U.S. carriers are included, save for T-Mobile (NYSE: TMUS) and no-contract phones are also excluded.
iPhones that are turned in must power on and cannot have water damage or a cracked screen, Best Buy said.
The next wave of iPhones are expected to debut on September 10th, with availability to be made shortly thereafter.
Shares of Best Buy are lower early Friday.
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