Apple slashes in trade-in values for products@ 2020/01/15
This week we saw how Apple was using a robot to strip old iPhones for parts so it can reuse the rare earths they contain. But at the same time Apple slashed the trade-in value for many of its products, meaning consumers will get less money for their old iPhones and other devices.
MacRumors reported the news based on looking at values estimated on Apple's online store before and after the change, and the site listed the tracked changes. Trading in an iPhone XS Max was previously estimated to fetch the consumer $600 toward an upgrade, but that number is now $500. The iPhone 8 estimate has gone down from $220 to $180, an iPad Air from $100 to $70, and an Apple Watch series 4 went from $110 to $100.
It's mainly the iPhone and iPad product lines that have been impacted but since these make up the bulk of Apple’s toxic polar bear killing waste you would think Apple would want to make sure that these are safely disposed of.
Apple hasn't explicitly stated why it made these changes, but it could be some combination of device value depreciation and efforts to improve profit margins as much as possible.
Jobs’ Mob has also been lobbying to prevent fanboys from repairing their phones which means that they will be forced to accept whatever Apple chooses to give them for a trade-in.