Cupertino further hints at upcoming availability of new a new iPhone

Aug 29, 2012 23:41 GMT  ·  By

Apple has officially added the latest iPhone model to its Reuse and Recycling program which awards customers an Apple Gift Card worth as much as their old handset.

If your iPhone 4S works properly, presents only moderate scratches or scuffs, and doesn’t exhibit any cracks or water damage, you can fetch as much as 300 bucks for it (around €235) in Apple Store credits.

That’s right, Apple will take your device, recondition it, recycle it, or re-use the parts and, in exchange, you’ll be getting an Apple Gift Card that you can use to buy new Apple goods.

PowerON Services, Inc., which specializes in providing custom reverse logistic solutions to OEM and large companies, will determine the actual value of your Apple Gift Card after they receive and evaluate your product.

“The amount shown is the estimated fair market value as determined by PowerON. If you'd like to accept this quote and get your Apple Gift Card, click the “Continue” button below,” reads a message on Apple’s Reuse and Recycling form as the customer proceeds to submit their information.

By adding the iPhone 4S to its Reuse and Recycling program (which also covers other iDevices, as well as Macs), Apple is further confirming the upcoming availability of the its next-generation iPhone.

Slated to make its debut on September 12 (less than two weeks from now), the iPhone 5 is said to boast an elongated body with a four-inch display, a redesigned dock connector, and some relocated ports and sensors.

Apple Gift Cards can be applied only to purchases from an Apple Retail Store and the Apple Online Store. Gift Cards may not be redeemed at the iTunes Store, nor can they be redeemed through any Apple resellers, or anywhere outside the United States.

Needless to point out, you can't get any cash on your Apple Gift Card either.