Skip to Content

AOL Tech

Cell Phones, eBay, iPhone

Old iPhones Fetching Big Bucks on eBay



You might not be aware of it, but your old iPhone is worth a considerable sum of money. Some questionably honest businesses are even making a profit by buying up used first generation iPhones from unsuspecting American customers and reselling them at a hefty profit. One such shop was passing around fliers outside of an Apple retail outlet offering the full price of a 3G upgrade ($199 for an 8 GB, $299 for a 16 GB) for your old phone.

The Web site for FreeiPhoneSwap claims to "recycle" the old iPhones in an environmentally-friendly way. By which, of course, they mean unlock and resell at surprisingly high prices to customers overseas.

Although the new iPhone is available in many countries, it is still unavailable to some people in countries such as India or China where it is not sold officially by any carriers (though Hong Kong, rather than all of China, and India, are on Apple's new "Coming Soon" list). These folks are still left out of the multi-touch fun and some don't want to tie themselves to an exclusive iPhone carrier -- such as AT&T in the U.S. For these people, the only option is an unlocked iPhone, which will work on any compatible EDGE or GSM network (T-Mobile for example, but not Verizon or Sprint).

So if you're thinking of selling your old iPhone, make sure not to jump at that seemingly great deal to trade in your old iPhone for a new one -- unlocked 8-gigabyte (GB) first-generation iPhones are fetching bids of over $500 on eBay. You could buy two new iPhones for that price. [Source: NY Times]

Switched Video

Follow Switched on Twitter

Deals of the Day

Latest Reviews from CNET.com

CNET provides the latest tech news, unbiased reviews, videos, podcasts, software, and downloads, making tech products easy to find, understand and use.

Top Product Reviews

  • Home Audio Reviews

    9.0 out of 10

    Definitive Technology BPX
    Works great with Dolby Pro Logic and Dolby Digital. Full Review

    8.8 out of 10

    KEF KHT3005 (black)
    The KEF KHT-3005 is one compact, beautifully designed speaker package with solid aluminum satellites that feature unique driver technology to produce incredible clarity. Meanwhile, the equally astounding dual 10-inch, 250-watt powered subwoofer delivers ultradeep bass. Full Review

    8.8 out of 10

    KEF KHT3005 (silver)
    The KEF KHT-3005 is one compact, beautifully designed speaker package with solid aluminum satellites that feature unique driver technology to produce incredible clarity. Meanwhile, the equally astounding dual 10-inch, 250-watt powered subwoofer delivers ultradeep bass. Full Review

  • Cell Phone Reviews

    8.7 out of 10

    SignalBoost Mobile Professional Amplifier Kit
    The Mobile Professional Amplifier delivers a powerful signal boost to your cell phone. Also, it offers a compact design and easy setup. Full Review

    8.6 out of 10

    Wi-Ex zBoost YX510-PCS-CEL cell phone signal extender
    The Wi-Ex zBoost YX510-PCS-CEL significantly boosts your cell phone reception and is easy to operate. Also, it uses a wireless connection to your phone. Full Review

    8.3 out of 10

    LG VX6000 (Verizon Wireless)
    Compact and stylish; impressive battery life; solid audio quality; sharp color screen; built-in camera; USB ready; affordable. Full Review

  • Digital Camera Reviews

    9.3 out of 10

    Canon EOS 1D Mark III
    Extremely fast, 10-megapixel continuous shooting; very low noise; highly customizable; well-designed body with weather sealing; 3-inch LCD; abundant optional accessories. Full Review

    9.3 out of 10

    Nikon D3 (body only)
    Full-frame sensor; well designed, pro-level weather-sealed body; very low noise, even at extremely high ISOs; fast. Full Review

    9.0 out of 10

    Canon EOS-1Ds Mark III
    Very low noise, high quality images; 21.1 megapixels; live view shooting; pro-level build-quality and performance. Full Review

  • Desktop Reviews

    8.9 out of 10

    Velocity Micro Edge Z30 (Intel Core i7)
    Best value among midrange gaming PCs; Velocity Micro's consistently high build quality; compact case makes few sacrifices; second graphics card slot previously uncommon at this price. Full Review

    8.5 out of 10

    Apple iMac (24-inch, 2.8GHz)
    A minor specification update results in some significant performance gains; graphics upgrade an option on this 24-inch model; sleek, polished design didn't receive an update, but we won't start clamoring for a new design until the current one is at least 12 months old. Full Review

Featured Galleries

Nissan Land Glider
Vintage Keyboards
Retro Computer Logos
Vintage Computer Festival
Motorola CLIQ
iPod touch
iTunes 9
Video iPod Nano
The Beatles: Rock Band

 

Switched Desktop

Get the New Switched Desktop

Latest tech news, Switched mail, and more.

AOL Tech Network

Resources

Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Urlesque

Fanhouse Main

WalletPop

Gadling