https://arstechnica.com/gadgets/2020/01/apple-slashes-trade-in-values-for-many-of-its-products/

Apple has proudly touted its trade-in and recycling programs, mentioning them prominently at major events, during investor calls, and on its website. But in changes that quietly went into effect this week, the company reduced the trade-in value for many of its products, meaning consumers will get less money for their old iPhones and other devices than they did previously.