How can we make the most money from this?

[Yumunum]

(EDIT: I'm eligible for an upgrade on AT&T, btw.)

I'm debating whether to sell my iPhone 4, and buy an iPhone 4S, or buy the iPhone 4S, sell it, and buy something else like an iPad to be a companion to my iPhone 4. Either way, I'm sure a lot of you guys have done something like this, and I'm looking for advice. How should I do either of those? Where should I sell them, ect.?

 

[Schweitzer]

I'm debating whether to sell my iPhone 4, and buy an iPhone 4S, or buy an iPhone 4S, sell it, and buy something else like an iPad to be a companion to my iPhone 4.

LOL wut?

Good luck making da moooney with dat.

 

[CrAkD]

I'm debating whether to sell my iPhone 4, and buy an iPhone 4S, or buy an iPhone 4S, sell it, and buy something else like an iPad to be a companion to my iPhone 4. Either way, I'm sure a lot of you guys have done something like this, and I'm looking for advice. How should I do either of those? Where should I sell them, ect.?

How about you get a job and let the people that want the new phone to actually use it get one without a huge headache.

 

[Yumunum]

Oh whoops, I forgot to mention I'm eligible for an upgrade. Sorry about that

 

[Bobby Corwen]

I would upgrade to the 4S. Keep it.

Make a listing on craigslist for the 4.

Use the money from the 4 to pay for the 4S and the rest put towards the iPad.

The way you know how much to sell the 4 for is by searching similar craigslist ads in your area to see the market price it is selling for.

 

[Gregintosh]

Its hard to say whether there will be big profit potential. If it sells out completely, you will have a window of maybe a couple of days to turn a pretty good profit (i.e. buying the iPhone 4S for $649 unlocked, selling it for $999 on Craigslist).

If Apple has enough devices on hand and can get the stores restocked often enough to not have a big shortage (good chance of that too, Apple indicated their logistics were rock solid by having an accelerated rollout schedule), then you will be stuck with it.

I would also hold off on selling an iPhone 4 until a month or two from now. In the next couple of weeks everyone will be trying to sell theirs so the prices will be lower.

I made this mistake with my iPad. I sold it immediately after iPad 2 was announced and got around $300 for my 32GB Wi-Fi. And believe me, no one was selling it for more at the time and I had a hard time finding a buyer (took a couple of days).

Right now, you can barely get a 16GB original iPad for that price. If I had waited an extra month or two I could have probably gotten at least $400-$450 for it. Oh well.

I won't make that mistake again. I want to get at least $350-$400 for my iPhone 4, though I bet in the next few weeks you are going to see them on Craigslist and eBay for as low as $250 until things cool off a bit.

If I can't get at least that $350-$400 though, I will have to pass on the iPhone 4S.

 

[Trauma1]

Either jailbreak and unlock (if possible) your iPhone 4 and sell it now, or don't. iPhone 4 prices will fall once the 4S is launched, just like every previous iPhone.

The only way you'll make a justifiable profit from selling a 4S is if you put it on eBay (with higher fees) and sell overseas. But then you've used up your upgrade.

 

[boomish]

Either jailbreak and unlock (if possible) your iPhone 4 and sell it now, or don't. iPhone 4 prices will fall once the 4S is launched, just like every previous iPhone.

Thats what I'm hoping for, the 4s is a pointless upgrade for me, but I need cheaper some cheaper 4 iphone's for the family. I love the iPhone 4, the 4s would be nice but not worth the price..

 

[drenline]

or buy the iPhone 4S, sell it, and buy something else like an iPad to be a companion to my iPhone 4.

I would do this and get the ipad 2, much better investment.

 

[Yumunum]

Well.. Let's see. I could buy a $200 16GB iPhone 4S (guessing the 16GB would sell better than the 32GB or 64GB?) and sell it on Craigslist for either $640 or $600. I'd get $640 if they became unavailable at stores, and $640 if they're still in stock but someone wants to save some money. I don't know how realistic that is though, or if I could be gaining more. It seems to be that on Craigslist people wouldn't be as willing to spend $999 (like an earlier poster mentioned in regards to selling on Ebay), even if stores are out of stock, but I could be wrong? I've only sold things on Craigslist, so I'm not sure if I want to sell on Ebay or anywhere purely online. I've heard a lot of stories about Paypal refunds and such...