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iPhone Trade-Ins Up 85% Ahead Of Next-Gen iPhone Launch

iPhone Trade-Ins Up 85% Ahead Of Next-Gen iPhone Launch

Following a report from earlier today that Apple will announce their next-gen iPhone on October 4th, gadget trade-in site Gazelle.com reports (according to GigaOM) that iPhone trade-ins are up a staggering 85%, with many consumers desperate to sell their old iPhone before the iPhone 5 is released.

Gazelle saw its highest iPhone trade since last year yesterday, and the company is set to buy back 2500 phones just this week, which marks a significant jump from the weeks before the iPhone 4 announcement last year, with Gazelle buying 100 iPhones per day.

This massive surge iPhone owners looking to sell their devices ahead of the iPhone 4S/iPhone 5 launch suggests that consumer anticipation for Apple’s next device is extremely high – higher than Gazelle has ever seen, in fact!