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iPad Trade-Ins Rise 1,000 Percent After iPad Mini Unveiling

By - Source: CNET | B 27 comments

Follows iPad 4 and iPad Mini announcement.

After Apple announced a fourth-generation iPad and the iPad Mini, the cash trade-ins for past models of the tablet have jumped 1,000 percent.

Trade-in site NextWorth said it experienced an unprecedented 1,015 percent increase in iPad trade-ins yesterday following Apple's unveiling of a new iPad. While it didn't divulge how many iPads that translates to, it shouldn't come as too much of a surprise due to the third-generation iPad releasing just six months ago.

Elsewhere, another trade-in site, Gazelle.com, confirmed trade-ins jumped 700 percent today, representing a 450 percent increase from Apple's media event. Seventy percent of the trade-ins were attributed to the third-generation iPad.

The iPad Mini and fourth-generation iPad 4, which features a Retina display and the new Apple A6X chip, are both due for a November 2 launch.

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Top Comments
  • 10 Hide
    blakbird24 , October 25, 2012 6:29 PM
    voodoobunnySeriously, if it's a choice between an unproven tablet with 720p and a well-established powerhouse with industry-leading design, hardware that redefines the entire industry and by far the best ecosystem of apps and accessories ... is it even a choice?


    My entire company is ditching iPad 2's for Surface RT's and Pro's (once they're out). For us, it's a choice between a Windows tablet that's fully compatible with our existing infrastructure right out of the box and a 10" screen iPod who's processor can't even drive 1080p video on it's unnecessarily-high-resolution-but-poor-color-rendition screen. As my company's system admin, i'm very much looking forward to the day that I no longer have to delete and re-add a user's company mail account due to sync issues, and can finally view the entire internet, instead of just 30% of it.

    The iPad is a toy for consumers. The Surface is for people who actually want to accomplish stuff.
Other Comments
  • 7 Hide
    obiown77 , October 25, 2012 5:36 PM
    fact! over 20% of toms latest news articles are apple related.

    lets boycott apple posts! After this one of course.
  • 6 Hide
    superblahman123 , October 25, 2012 5:39 PM
    So that couldn't possibly have anything to do with the Windows 8 release tomorrow, right?

    I'm not saying that Windows 8 is the reason for this, but to attribute it to only the iPad news while ignoring other emerging markets may be a tad short-sighted...
  • Display all 27 comments.
  • 2 Hide
    superblahman123 , October 25, 2012 5:41 PM
    obiown77fact! over 20% of toms latest news articles are apple related.lets boycott apple posts! After this one of course.


    And what's the percentage of Windows 8 news coming out?... I'd bet more than 20%...

    My point is, so what? Tech news is tech news. If you want a filter, go to the manufacturer website for news.
  • 3 Hide
    bllue , October 25, 2012 5:41 PM
    It's crazy how iSheep like to get ripped off TWICE lol. Once by crApple and once by these trade in sites. The low level of intelligence from this species is shocking
  • 1 Hide
    murzar , October 25, 2012 5:47 PM
    *ahem* Win 8 *hint hint* *ahem*
  • 0 Hide
    sliem , October 25, 2012 5:47 PM
    Why did they release a new product in such a short time? That's nuts. The next medium-sized iPad may be released in 5 months, with yet a new connector dubbed "Thunder Connector" costs only $45 and is not compatible with any other connectors even the "Lightning Connector."
  • -2 Hide
    voodoobunny , October 25, 2012 6:10 PM
    Hands up everyone who's trading in their iPad for a Surface. Ummm.... anyone? Anyone? No?

    Seriously, if it's a choice between an unproven tablet with 720p and a well-established powerhouse with industry-leading design, hardware that redefines the entire industry and by far the best ecosystem of apps and accessories ... is it even a choice?
  • 10 Hide
    blakbird24 , October 25, 2012 6:29 PM
    voodoobunnySeriously, if it's a choice between an unproven tablet with 720p and a well-established powerhouse with industry-leading design, hardware that redefines the entire industry and by far the best ecosystem of apps and accessories ... is it even a choice?


    My entire company is ditching iPad 2's for Surface RT's and Pro's (once they're out). For us, it's a choice between a Windows tablet that's fully compatible with our existing infrastructure right out of the box and a 10" screen iPod who's processor can't even drive 1080p video on it's unnecessarily-high-resolution-but-poor-color-rendition screen. As my company's system admin, i'm very much looking forward to the day that I no longer have to delete and re-add a user's company mail account due to sync issues, and can finally view the entire internet, instead of just 30% of it.

    The iPad is a toy for consumers. The Surface is for people who actually want to accomplish stuff.
  • 2 Hide
    shmung , October 25, 2012 7:05 PM
    superblahman123And what's the percentage of Windows 8 news coming out?... I'd bet more than 20%...My point is, so what? Tech news is tech news. If you want a filter, go to the manufacturer website for news.


    Actually i was bored and i counted Im sure my numbers were off because i didn't read every title i just skimmed

    there are 18 articles about apple vs 13 total about microsoft and only 6 of those have to do with windows 8 one is the lumia 510 running windows phone 7 and the other is Google passing Microsoft in operating system market share the rest i just random Microsoft stuff

    I also haven't seen one mention of the surface that a lot of other reviewers put out reviews for yesterday

  • 6 Hide
    ivanto , October 25, 2012 7:23 PM
    Percentage changes without actual numbers are usually subtle lies.
    They get 2 iPad replacements per day, the next day they got 10, so it's a 1000% jump. It's true but meaningless.
    What are the actual numbers of a period of time?
    -IvanTO
  • 0 Hide
    jake2447 , October 25, 2012 7:49 PM
    lol apple sucks
  • 2 Hide
    keither5150 , October 25, 2012 10:19 PM
    sliemWhy did they release a new product in such a short time? That's nuts. The next medium-sized iPad may be released in 5 months, with yet a new connector dubbed "Thunder Connector" costs only $45 and is not compatible with any other connectors even the "Lightning Connector."

    It's because lightning comes after thunder.....But seriously, don't try to rationalize anything to do with apple. I know a person who traded in their iphone when the white version came out. My neighbor with a Mac pro couldn't understand how my 6 year old machine cuts his video encoding time in half. He didn't know that I replaced my main drive with a high end SSD. 550MB read and write. The I7 9 series still rocks most systems. My new gaming rig with 3rd gen i7 doesn't really beat the old 9 series by much.... maybe 5%.

    Did you every see that picture online of the mountain of cell phones? Soon their will be a mountain of ipads and ipad2's..... Mount ipad or Mount ipod.... same thing.
  • 0 Hide
    keither5150 , October 25, 2012 10:20 PM
    whoops thunder after lightning
  • -1 Hide
    wemakeourfuture , October 26, 2012 1:12 AM
    bllueIt's crazy how iSheep like to get ripped off TWICE lol. Once by crApple and once by these trade in sites. The low level of intelligence from this species is shocking


    I know Software Architects and Developers (not in Apple or iOS apps fields at all) who prefer certain Apple products. They have uses and values that maybe you don't like but others do hold more value to. Trust me, they are not "low level of intelligence."

  • -1 Hide
    wemakeourfuture , October 26, 2012 1:16 AM
    blakbird24My entire company is ditching iPad 2's for Surface RT's and Pro's (once they're out). For us, it's a choice between a Windows tablet that's fully compatible with our existing infrastructure right out of the box and a 10" screen iPod who's processor can't even drive 1080p video on it's unnecessarily-high-resolution-but-poor-color-rendition screen. As my company's system admin, i'm very much looking forward to the day that I no longer have to delete and re-add a user's company mail account due to sync issues, and can finally view the entire internet, instead of just 30% of it.The iPad is a toy for consumers. The Surface is for people who actually want to accomplish stuff.


    Which was what, Blackberry diehards' moto? Surface is trying to be a consumer product, they're trying to sell millions upon millions to consumers, not to just enterprise users. The RT is a failure in my books, they needed to price it at $299-$399 to get more traction and market share. They missed an opportunity and will see iPad numbers eclipse it by at least 5:1 this quarter.
  • 1 Hide
    STravis , October 26, 2012 1:16 AM
    The increase in trade-ins simply is a sign of the sheep mentality of the typical consumer.
  • 1 Hide
    blakbird24 , October 26, 2012 1:54 AM
    wemakeourfutureWhich was what, Blackberry diehards' moto? Surface is trying to be a consumer product, they're trying to sell millions upon millions to consumers, not to just enterprise users. The RT is a failure in my books, they needed to price it at $299-$399 to get more traction and market share. They missed an opportunity and will see iPad numbers eclipse it by at least 5:1 this quarter.


    Just as my opinion of the iPad has no bearing whatsoever on it's success, so it is also with your opinion of surface. Surface RT is going to be extremely successful whether you like it or not. It can't help but succeed. All Microsoft had to do was release a windows compatible tablet with a premium look and feel and price it lower than the iPad. They did exactly that. Apple always succeeds when they have no competition...they have never been able to hold their ground when challenged by a real competitor. The iPad has been very successful because there has been nothing else like it available. Until now. Mark my words, Surface is going to sell like mad and have Apple scrambling for an answer (they already hurried up the release of the iPad 4 - do you think they did that for the hell of it?). I agree that Microsoft could have done better with Surface RT and especially Windows 8, but in the end it's going to be a moot point. Just as PS3 and Blu-Ray mutually assured each other's success, Surface and Windows 8 will succeed in the same fashion.
  • -1 Hide
    blakbird24 , October 26, 2012 1:58 AM
    wemakeourfutureWhich was what, Blackberry diehards' moto? Surface is trying to be a consumer product, they're trying to sell millions upon millions to consumers, not to just enterprise users. The RT is a failure in my books, they needed to price it at $299-$399 to get more traction and market share. They missed an opportunity and will see iPad numbers eclipse it by at least 5:1 this quarter.


    Unfortunately, your opinion of Surface has no bearing whatsoever on it's actual sales. Mark my words, Surface RT will sell like mad and have Apple scrambling for an answer (they already hurried the release of the iPad 4, why do you suppose no one had any clue that was coming?). Surface can't help but succeed simply because of what it is. The world has been screaming for a tablet like Surface...all Microsoft (or anybody) had to do was offer a windows compatible tablet with a premium look and feel and price it lower than the iPad. They did exactly that. I agree that they could have done a better job with both Surface RT and Windows 8, but in the end it won't matter...just as the PS3 and Blu-Ray mutually assured each other's success, Surface and Windows 8 will become the new standards in their classes.
  • 0 Hide
    blakbird24 , October 26, 2012 1:59 AM
    wemakeourfutureWhich was what, Blackberry diehards' moto? Surface is trying to be a consumer product, they're trying to sell millions upon millions to consumers, not to just enterprise users. The RT is a failure in my books, they needed to price it at $299-$399 to get more traction and market share. They missed an opportunity and will see iPad numbers eclipse it by at least 5:1 this quarter.


    Unfortunately, your opinion of Surface has no bearing whatsoever on it's actual sales. Mark my words, Surface RT will sell like mad and have Apple scrambling for an answer (they already hurried the release of the iPad 4, why do you suppose no one had any clue that was coming?). Surface can't help but succeed simply because of what it is. The world has been screaming for a tablet like Surface...all Microsoft (or anybody) had to do was offer a windows compatible tablet with a premium look and feel and price it lower than the iPad. They did exactly that. I agree that they could have done a better job with both Surface RT and Windows 8, but in the end it won't matter...just as the PS3 and Blu-Ray mutually assured each other's success, Surface and Windows 8 will become the new standards in their classes.
  • -1 Hide
    blakbird24 , October 26, 2012 2:00 AM
    wemakeourfutureWhich was what, Blackberry diehards' moto? Surface is trying to be a consumer product, they're trying to sell millions upon millions to consumers, not to just enterprise users. The RT is a failure in my books, they needed to price it at $299-$399 to get more traction and market share. They missed an opportunity and will see iPad numbers eclipse it by at least 5:1 this quarter.


    Unfortunately, your opinion of Surface has no bearing whatsoever on it's actual sales. Mark my words, Surface RT will sell like mad and have Apple scrambling for an answer (they already hurried the release of the iPad 4, why do you suppose no one had any clue that was coming?). Surface can't help but succeed simply because of what it is. The world has been screaming for a tablet like Surface...all Microsoft (or anybody) had to do was offer a windows compatible tablet with a premium look and feel and price it lower than the iPad. They did exactly that. I agree that they could have done a better job with both Surface RT and Windows 8, but in the end it won't matter...just as the PS3 and Blu-Ray mutually assured each other's success, Surface and Windows 8 will become the new standards in their classes.
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