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Apple Issues Expensive Shock For Millions Of iPhone Users - Forbes
Jul 09, 2020 1 min, 15 secs
Because for millions of existing iPhone owners, they are now going to become a little more expensive. .

Spotted by MacRumors, Apple has quietly slashed trade-in values across almost every iPhone range, with the biggest cuts coming to the newer models.

07/08 Update: Delving into this further, I have found that Apple has made even larger trade-in cuts to its Macbook Pro range.

Apple has reduced its trade-in value for these laptops from "up to $2,530" to "up to $1,760" - that's a massive drop of almost $800.

The Mac mini also has a much larger trade-in value of up to $1,100 now Vs up to $230 previously, but this seemingly is down to significantly more powerful Mac mini specifications now being available.

Either way, trade-in values from Apple are a roller coaster right now, so be careful.

07/09 Update: More price shocks have emerged for potential iPhone upgraders, with news that the iPhone 12 range may be more expensive than expected.

The larger iPhone 12 Max (not to be confused with the iPhone 12 Pro Max, and effectively the replacement for the iPhone 11, given the iPhone 12's new smaller size) is also tipped to range between $799 and $849.

Apple's newly reduced iPhone Trade-in values.

First, these are “up to” prices which means they are for trade-in models in perfect condition.

Expect iPhone 11 models to trade-in for circa iPhone XS, XS Max and iPhone XR prices with current models on the list dropping close to the price of their predecessor (an iPhone 8 Plus will be valued like the iPhone 7 Plus, etc). .

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