iPhone 5s and iPhone 5c

Now the most credit you can get for trading in your old iPhone to Apple is $225, which is down from $250, or $270 in Canada. The change is currently shown on Canadian retail store pages and U.S. sites, but expect the change to be happening elsewhere in the world too.

Apple's trade-in program started about a year ago, though obviously plenty of retailers have been offering their own for some time. It's not a huge surprise to see this change since these devices are getting older and losing resale value. You'll rarely make as much trading in your iPhone at the store as you might through selling the device on your own, but it sure is more convenient. Read our guide on how to sell your iPhone if you're considering taking part in Apple's trade-in option, however shrunk your cut may be.

Have you guys ever used Apple's trade-in program? What do you usually do with your old device when you're due for an upgrade?

Source: iPhone in Canada