With Iphone 5 on the Horizon, Time is Ticking To Get Top Dollar Prices on a Used Iphone 4, Says Totem

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As Apple gears up to release its next generation smartphone, iPhone 4 owners still have an opportunity to exchange their used device for top dollar at Totem. Once iPhone 5 is available, Totem forecasts iPhone 4 values will drop significantly.

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Though the iPhone 4 may not be worth $400 after the launch of the iPhone 5, a functional 16GB or 32GB iPhone 4 will always be worth more than the $199 upgrade price, allowing for a free upgrade.

With Apple stepping up its efforts to purchase key components for its next generation iPhone 5, speculations are flooding the Internet about when the device might launch and what it might look like. Meanwhile, savvy owners of the previous generation of iPhones are contemplating strategies for their iPhone 5 upgrade.

According to a recent report by the Wall Street Journal, Apple is rumored to be placing orders for 25 million units, significantly more than any other previous generation. The iPhone 4, which was released in June 2010, received a record-shattering 600,000 pre-orders in the first 24 hours of its announcement and sold more than 1.7 million units in the first three days of availability.

Based on the resounding success of the Spring 2011 releases of the highly anticipated white iPhone 4 and the newly available Verizon network iPhone, the next generation will need very little help from the rising media frenzy. In the last few months, Apple has shipped more than 20.3 million units, mostly to emerging and developing countries, such as Mexico, Brazil and China.

Thanks to Apple’s unusual reticence to share details, there are dozens of rumors floating around. Many in the know believe the new iPhone will have a lighter, thinner profile, an 8MP camera and a world-enabled chipset, as well as a possible larger 4-inch screen and a supersized 64GB of storage.

Speculations are also surfacing as to when the new iPhone might be released, with many devotees predicting September or October, just in time for the holiday season. This is the same time frame when Apple is expected to debut its updated operating system, the iOS 5.

HelloTotem.com, the leading online provider in the mobile phone buyback industry, is currently offering customers up to $400 to sell an iPhone 4 with 32GB of memory. However, once the new iPhone is released, the value will likely go down. In May 2010, just a few weeks before the iPhone 4 was scheduled for release, eBayers flooded the online bidding site with 1,700 iPhone 3GS models that were equipped with 16GB, causing the value of the formerly high-end smartphone to be significantly reduced.

This means that the clock is ticking to sell an iPhone 4 for top dollar. "Though the iPhone 4 may not be worth $400 after the launch of the iPhone 5, a functional 16GB or 32GB iPhone 4 will always be worth more than the $199 upgrade price, allowing for a free upgrade," says Nicholas Fiorentino, CEO of Totem.

About HelloTotem.com
Totem is committed to providing the highest quality buyback program in the industry, while remaining true to its values of social responsibility. The company’s expert team of resellers, refurbishers and recyclers work diligently to ensure that consumers have an easy, efficient method to dispose of their old technology in a financially lucrative, yet environmentally friendly manner.


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Nicholas Fiorentino, CEO
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