Apple Attempts to Incentivize LG Smartphone Users to Switch to iPhone Following LG Handset Business Shutdown
Apple is now keen on utilizing LG's recent shutdown of its smartphone business by adding several flagship LG smartphones to its list of eligible Android devices that can be traded for credit towards a new iPhone purchase.

Apple today added some LG smartphones to its list of devices eligible for trade-in towards a new iPhone, including the LG G8 ThinQ for up to $70, the LG V40 ThinQ for up to $65, the LG V50 ThinQ 5G for up to $125, and the latest LG V60 ThinQ 5G for as high as $180. Apple determines the exact value of the traded-in product depending on its condition, such as if it has scratches or dents and functions correctly.
All devices, regardless of brand or condition, can be traded in for free to Apple as part of the company's commitment to be environmentally friendly. A wide assortment of devices ranging from Blackberry to HTC phones can also be traded in for an Apple Store gift card.
Apple's trade-in program is meant to serve as an incentive to get users of other smartphone brands to switch to iPhone by offering them discounts on their purchase. Apple recently added the Pixel 4, Pixel 4a, Pixel 5, and Samsung Galaxy Note 20 to its list of eligible Android devices for iPhone credit trade-in.
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Apple today updated its U.S. trade-in estimates, raising values for most current iPhone, iPad, Mac, and Apple Watch models while reducing several Android offers.
The headline iPhone trade-in figure rises from $685 to $695, with every iPhone 16 model gaining value:
iPhone 16 Pro Max: $685 to $695
iPhone 16 Pro: $550 to $560
iPhone 16 Plus: $455 to $465
iPhone 16: $435 to $460
...
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