Apple lowers trade-in value for Android smartphones

According to MacRumors, the company has changed the official estimated trade-in value for users wanting to turn in their Android phones in order to get a brand new iPhone.

Previously, trade-ins could fetch buyers a decent $545 discount when purchasing from the Apple Store, but now, the maximum discount has been brought down to just $405.

If you traded in your Samsung Galaxy S20 Ultra, which launched for $1,299, Apple would have given you a $545 credit. However, if you trade it in right now, Apple will only give you $405. The Google Pixel 5 went from fetching $315 to only managing $235.

Similarly, Apple has dropped trade-in values for Samsung Galaxy S21 and more.

In addition, Cupertino based tech giant has also cut trade-in discounts for Macbooks and iPads. Trading in a Macbook Pro will now net you $1415 instead of the usual $1630.

Similarly, you will now get a discount of about $335 after trading in an iPad Air as compared to $345.