iPhone Trade-in Numbers Skyrocket
Posted 06/14/2010 at 11:51am
| by Seamus Bellamy

It looks as though Steve Jobs' Wi-Fi SNAFU hasn't deterred iPhone loyalists from lusting after the latest edition of the handset, as InformationWeek reports that the trade-in volume for older iPhone handsets has jumped up by almost 1000%.
Informationweek came by their figures by way of Gazelle, a company specializing in gadget-for-cash recycling. According to Gazelle's Kristina Kennedy, after last year's debut of the iPhone 3GS, the company recieved 141 trades for the phone on the same day that the handset was announced. This year, on the same day as Steve Jobs' iPhone 4 announcment at WWDC '10, Gazelle took in more than 1000 requests to trade in iPhone 3GS, presumably towards cash that will be used to spring for a new iPhone 4 handset.
It looks like the Reality Distortion Field is fully operational.