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Technology Stocks : Apple Inc.

AAPL 267.26

-1.4%

Jan 5 3:59 PM EST

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From: Moonray	5/6/2014 8:31:57 AM
	of 213178

Rumor, rumor, rumor: Rumor: Apple looks to burn through its 4 inch iPhone inventory prior to new model unveiling Last year, Apple announced an iPhone trade-in program in a partnership with Brightstar. Apple offered $200 for a working Apple iPhone 4 or a working Apple iPhone 4s. That was enough money to allow those accepting the trade, to upgrade to what was then the flagship model, theApple iPhone 5. The iPhones that Apple received in trade were sold in emerging markets, to prevent them from cannibalizing iPhone sales in the U.S. According to a source with knowledge of Apple's plans, starting on May 8th, emails will be sent out to those eligible to trade-in their older AppleiPhone, trying to get them to trade up to an Apple iPhone 5s or Apple iPhone 5c. The source characterized this trade-in as being "enormous," and will help Apple boost its iPhone revenues. More at: phonearena.com The 8th is not far off, we shall see o~~~ O

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