Tag: UNLOCKED

This little phenomenon has been going on ever since lines were wrapped around buildings as consumers waited impatiently for the iPhone 3G, but even now, original iPhones are fetching wild prices on the secondhand market. In a weird twist of economics, Apple's iPhone actually maintained the majority of its value even after its successor hit the market. Why, you ask? Put simply, a first-gen ...

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 ...