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Technology Stocks : Apple Inc.

AAPL 273.67

-1.7%

3:32 PM EST

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From: Moonray	12/6/2013 2:19:24 PM
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Upgraders jumpstart Apple's 'iPad Christmas' with 175% surge in trade-ins of old iPads for cash iPad trade-ins through Gazelle grew a whopping 175 percent over Black Friday weekend as presumed upgraders sought cash for their older models, supporting Apple's belief that the iPad will be the hottest holiday gift this year. The trade-in service industry leader — and AppleInsider partner — Gazelle shared new data on iPad trade-ins Friday, revealing that the period between Black Friday and Cyber Monday saw a massive increase over the same period last year, up 175 percent. That exceeded the increase in overall traffic, which was up 74 percent year over year for the same period. The increase in trade-ins suggests that customers are selling their old iPads for cash to services like Gazelle as they upgrade to Apple's latest models. Both the thinner and lighter full-size iPad Air and the new iPad mini with Retina display were launched in November. More at: appleinsider.com o~~~ O

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