The US branch of Best Buy has launched another iPhone trade-in promotion
, running today through August 18th. People who bring an iPhone 4S into a Best Buy store can get a gift card towards an iPhone 5 worth at least $200, so long as the phone is working and undamaged. A similar deal exists for people trading in an iPhone 4, although the base gift card value starts at only $100.
In both cases iPhone 5 buyers must pick up a phone with a fresh two-year contract for AT&T, Sprint, or Verizon; T-Mobile and unlocked models are ineligible. Nevertheless, Best Buy is likely trying to clear out old stock ahead of the announcement of new iPhones next month
. Apple is expected to ship two devices, the iPhone 5S and 5C, by the end of September.