A new iPhone-trading program is reportedly coming ahead of the release of the Apple's next smartphone.
According to MacRumors, Apple stores will allow iPhone owners to trade their old smartphones and receive credit for a new model.
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The report added that Apple Store employees are currently getting trained on the new trade program.
The trade-in program could go in effect around Sept. 10, the rumored launch date of the next Apple smartphone.
Apple's recent earnings call featured CEO Tim Cook talking about in-store trade-ins, noting he isn't opposed to the idea.
"I see channels doing it, and I like the environmental aspect of it, and so that part of it really is encouraging to me," said Cook.
The "channels" Cook may be referring to are the third-party vendors selling Apple devices, such as AT&T, Best Buy, Walmart, and Verizon Wireless.
In an update, the program is scheduled to start on Aug. 30, with the value of the credits varying on the iPhone's physical condition, internal storage size, and color. For example, TechCrunch noted the 16GB iPhone 4 and iPhone 4S models range may be from $120 to $200.
Similar trade-in programs have taken place, notably with Best Buy. The retail store allowed iPhone 4 and iPhone 4S owners trade-in their smartphones for a Best Buy gift card ranging from $100 to $200 when signing a new contract with either AT&T, Sprint, or Verizon Wireless.
As Latinos Post reported, Apple is allegedly planning to reveal the new iPhone during an event on Sept. 10.
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