Apple has slashed the trade-in prices of iPhones, iPads, and Macs at a time when people need help to buy new devices. Full story from the iMore Blog...
Snooze, you lose! Trade-in values can’t stay high forever. Devices depreciate in value, even iPhones. Apple does this every year.
Very true!!! One of the deciding factors that are useful for convincing my husband that it's time for a new phone is the fact that the current phone is depreciating in value. Normally, he's a "drive it till it dies" kind of guy, but he grudgingly gives in when I want a new phone. As for trading in the old phone, I know that I could probably make more money by selling my old phone myself, but the trade-in value makes it easier in convincing him that this is a good idea. He's never thoroughly convinced, but he gives in!