https://finance.yahoo.com/news/iphone-users-already-starting-ditch-month-old-iphone-8-122610995.html

“We thought it would be just iPhone 7 [for trade-in], but it seems people aren’t necessarily satisfied with the iPhone 8. This just doesn’t happen. We never have that many iPhones within the month of the release.”" data-reactid="18">“We thought it would be just iPhone 7 [for trade-in], but it seems people aren’t necessarily satisfied with the iPhone 8. This just doesn’t happen. We never have that many iPhones within the month of the release.”

The site says 7% of thousands of the iPhones it bought in the past month were iPhone 8s, while in the same period last year the percentage of then-released iPhone 7 was only 1%. A 256GB iPhone 8 can be traded at up to $500, less than one-third of the retail price of $849. After October 27, the pre-order date of the iPhone X, the trade-in price is expected to drop by 30%. " data-reactid="19">The site says 7% of thousands of the iPhones it bought in the past month were iPhone 8s, while in the same period last year the percentage of then-released iPhone 7 was only 1%. A 256GB iPhone 8 can be traded at up to $500, less than one-third of the retail price of $849. After October 27, the pre-order date of the iPhone X, the trade-in price is expected to drop by 30%.