Because Apple does not pay out in cash, the "payment" you receive is strictly within the Apple ecosystem:
While Apple does not "buy" old iPhones in exchange for cash like a traditional pawn shop or private buyer, they offer a robust Apple Trade In program that provides significant monetary value. This program allows users to exchange eligible devices for instant credit toward a new purchase or an Apple Gift Card for future use. does apple buy your old iphone
: Trade-in values are not fixed and often decrease when new iPhone models are released. Payment Methods: Credit vs. Gift Cards Because Apple does not pay out in cash,
: If you aren't ready to buy something new, you receive a digital gift card via email to use whenever you wish. Recycling Non-Eligible Devices Apple Trade In Payment Methods: Credit vs
: The phone must turn on and function correctly.
: You can take your old iPhone directly to an Apple Store location . An Apple Specialist will inspect your device on the spot and provide an exact trade-in value. This value can be applied as instant credit toward a new iPhone or other Apple product.