China reportedly not happy with Apple's trade-in prices for old iPhones<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p><a href='
http://www.imore.com/china-reportedly-not-happy-apples-trade-prices-old-hardware' title="China reportedly not happy with Apple's trade-in prices for old iPhones"><img src='
http://www.imore.com/sites/imore.com/files/styles/large_wm_brw/public/field/image/2014/10/macro_iphone_5s_6_plus_isight_1.jpg?itok=PFpGtNwb' />[/url]</p> <p class="intro">Chinese consumers are reportedly disappointed by Apple's trade-in prices for old
iPhones, offering substantially less than what's available through private recycling stores.</p> <!--break--> <p>According to a
ZDNet report, consumers aren't content with discounts offered by Apple when looking to
trade-in their old products for the new
iPhone 6,
iPhone 6 Plus or other hardware by the company:</p>
<p>"One woman in Shanghai was 'stunned' to learn that her old iPhone 4 was only worth $40 credit to Apple's products, according to a Sina news report. In China, the 16G iPhone 6 Plus, iPhone 6, and iPhone 5s are officially priced at 6,088 yuan ($973), 5,288 yuan ($846) and 4,488 yuan ($718), respectively.</p> <p>Apple is adopting a unified trade-in price for iPhones of the same generation in China, regardless of the memory sizes and conditions, as it still offers up to $240 even if it is a "new" iPhone 5s, according to the report."</p>
<p>What's interesting about the report is that prices offered by Apple are reportedly far lower than what consumers can receive from the recycling market. Apple offers around $240 for the iPhone 5s, $80 for the iPhone 4S and just $40 for the iPhone 4.
ZDNet cites latest data showing substantial differences between the two, with private outlets offering up to $176 for the iPhone 4S.</p> <p>Source:
ZDNet</p> </div></div></div><img width='1' height='1' src='
' border='0'/><br clear='all'/>
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China reportedly not happy with Apple's trade-in prices for old iPhones
