iPhone Trade-Ins Up 85% Ahead Of Next-Gen iPhone Launch

Following a report from earlier today that Apple will announce their next-gen iPhone on October 4th, gadget trade-in site Gazelle.com reports (according to GigaOM) that iPhone trade-ins are up a staggering 85%, with many consumers desperate to sell their old iPhone before the iPhone 5 is released.

Gazelle saw its highest iPhone trade since last year yesterday, and the company is set to buy back 2500 phones just this week, which marks a significant jump from the weeks before the iPhone 4 announcement last year, with Gazelle buying 100 iPhones per day.

This massive surge iPhone owners looking to sell their devices ahead of the iPhone 4S/iPhone 5 launch suggests that consumer anticipation for Apple’s next device is extremely high – higher than Gazelle has ever seen, in fact!

J. Glenn Künzler

Glenn is Managing Editor at MacTrast, and has been using a Mac since he bought his first MacBook Pro in 2006. He lives in a small town in Utah, enjoys bacon more than you can possibly imagine, and is severely addicted to pie.