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iPhone 4 Values Plummet

by Brandon Dimmel on October, 14 2011 at 08:10AM EDT

With the iPhone 4S pre-ordering like hot cakes, it appears the value of Apple's regular, old iPhone 4 is plummeting in value. According to recent reports, the resale price of a standard iPhone 4 is being reduced virtually every day. Word of the ... value reduction comes from NextWorth, which reported to MSNBC that up until the announcement of the iPhone 4S one could get $250 for a 16GB iPhone 4 in average condition. Now, one would be lucky to get $200 flat for that same phone, or $215 for the larger 32GB version of the device. Most iPhone 4's Available for $200 Similar values are being reported ... (view more)

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