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iPhone 7 launch prompts mobile recycling windfall for consumers

Wednesday, September 28, 2016 - 14:26:34

Mobile phone recycling firm, Redeem, recently revealed that it was expecting to pay £20 million back to customers who sell their old phones in order to upgrade to the new iPhone 7 or iPhone 7 Plus.

Mobile Today reports that this impressive figure is likely to be met and exceeded in the long term, since millions of people across the UK have been holding out for the arrival of Apple’s latest handsets.

Redeem offers its recycling services through a number of third parties, including the recycling initiatives operated by network provider, O2, and separate brand, Envirofone. The flood of unwanted devices will not only keep the company very busy, but also fill the coffers of people who are only now getting their hands on the iPhone 7.

Spokesperson, Paul Adams, said that the annual arrival of the latest iPhone was always a peak period of activity for mobile phone recycling. He also said that consumers were becoming savvier about the options that are available to them and less willing to pay full price for an upgrade, if an opportunity to save money is on the table.

Figures suggest that demand for the iPhone 7 is actually down by around 25 per cent compared with last year’s launch of the iPhone 6S. A combination of factors are responsible for this, including the lack of major hardware updates and the fact that the new models now lack headphone sockets.

For people who want to sell their old mobile phone, this is not necessarily a cause for concern. Instead, they can get cash for their unwanted handset and put this towards the purchase of a more appealing rival handset, such as Samsung’s critically acclaimed Galaxy S7 Edge or Sony’s slim and beautiful Xperia X5.




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