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| (Image credit: Apple) |
Apple announced changes to the trade-in prices for a number of iPad, Mac, Android, and Apple devices today. Numerous changes, such as the addition of the iPhone 14 Pro Max and iPhone 14 Plus, decreased the value of trade-ins.
For Apple products, the savings weren't really significant. The pricing of the Apple Watch Ultra is down $5 from $360 and the iPhone 14 Pro Max is down $10 from $630.
Nevertheless, there were greater cutbacks to other gadgets, particularly those made by competitors. The price of Samsung's Galaxy S22 reduced dramatically from $235 to $170. That series, meanwhile, is now two generations behind the Samsung S24 series.
The full list of values is available on Apple's trade-in website, along with the modifications that MacRumors saw.
| Device | Old Value (up to) | New Value (up to) |
|---|---|---|
| iPhone 14 Pro Max | $630 | $620 |
| iPhone 14 Pro | $420 | $400 |
| iPad Pro | $580 | $565 |
| iPad | $250 | $225 |
| Apple Watch Ultra | $360 | $355 |
| Apple Watch SE 2nd Gen | $110 | $90 |
| Apple Watch Series 7 | $140 | $125 |
| MacBook Pro | $1010 | $925 |
| MacBook Air | $525 | $485 |
| MacBook | $145 | $130 |
| iMac | $420 | $330 |
| Samsung Galaxy S22 Ultra 5G | $270 | $235 |
| Samsung Galaxy S22 5G | $235 | $170 |
| Samsung Galaxy Note 20 Ultra | $150 | $140 |
| Google Pixel 6 Pro | $150 | $125 |
This is how it operates if you have never swapped a product with Apple before. The value of an immediate discount that may be applied to the purchase of an iPhone or loaded into an Apple gift card is listed in the above table.
When the iPhone 16 series launches later this autumn, there will probably be another change made to the trade-in prices of different models.
With reports indicating that it has bought 100 million A18 CPU chips, Apple is reportedly expecting a huge demand for the iPhone 16. This, I believe, is the case since a number of the newly revealed Apple Intelligence capabilities are incompatible with iPhones that are older or do not have the A17 processor. But if the claimed AI reaction is accurate, maybe Apple is placing too much stock in the success of the iPhone 16.
Still, Apple could wish to raise rather than lower the trade-in value if the iPhone 16 is as popular as they think.