Apple states on its website that trade-in credit is only valid when the customer is purchasing a new iPhone activated in store with the network of their choice. This means that you cannot just trade your old iPhone for a gift card.
A number of third-party iPhone sellers already offer trade-in programmes. While some of these trade-in schemes offer a better price for old iPhones, Apple chief executive Tim Cook hopes that the scheme will encourage more people to buy devices directly from Apple stores.
Apple also operates a recycling programme by mail, which covers a wide variety of products and is not offered in-store. If a customer wishes to trade in an old broken device for which there is no monetary value, they can do so as a simple recycle.
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