Your old iPhone is worth big bucks | Here's why
Your old iPhone is worth big bucks. Here's why Apple this week widened the price range for its flagship smartphones, announcing the iPhone 12 mini at $699 for users who balk at spending over $1,000 for more premium models. But for people who want to spend even less — in one case, absolutely nothing — to upgrade, Apple (AAPL) and major wireless carriers are doling out big discounts to those trading in their old devices. T-Mobile (TMUS) and Verizon (VZ) are offering customers trade-in credits ranging from $200 to $850, depending on how old their phone is and whether they already have a plan with the carrier. AT&T, meanwhile, will effectively give customers a free phone if they commit to an unlimited data plan for 30 months while also trading in older phones with a value of at least $95. (AT&T (T) owns CNN's parent company, WarnerMedia). Apple and other smartphone makers also offer their own trade-in programs, as do some third-party resellers. Apple is currently offering d...