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iPhone 5 Announcement, Before and After Effects

As of 10:00am Wednesday morning, September 12th, prices on third-party sites for turning in an iPhone 4s had not suffered any of the effect of the scheduled iPhone 5 announcement later that day. However, prices were expected to fall following the iPhone 5 release announcement and that’s exactly what has happened. The best time to get rid of your device may have already come and gone, especially considering the significant redesign causing the iPhone 4S value to fall a lot quicker. Aside from everything, Apple announced a considerable drop in price of the iPhone 4s to $99, the iPhone 4 is now free and they have discontinued the 3GS. Check out the prices of the iPhone 4S 16 GB just hours before the iPhone 5 Announcement.

Hours Before iPhone 5 Announcement:

iPhone 4s 16 GB AT&T

Nextworth: $278.00

Gazelle: $277.00

Glyde: $325.00 (Option to “give me $296.00 now”)

Hello Totem: $188.30 – though they did send me an email within 30 minutes, after I didn’t follow through with the sell, offering me 10% more at $207.32 $221.00

Instant Sale (eBay): $300.00

Checking in just a week and a half later on these same sites it’s clear the effects have sunken in for the majority. You can see for yourself where you’ll still get the most value for your phone. So if you’re still on the verge of deciding whether to upgrade to the iPhone 5, now may be the time. Better late than never!

9 Days After iPhone 5 Announcement:

iPhone 4s 16 GB AT&T

Nextworth: $260.00

Gazelle: $240.00

Glyde: $163.00

Hello Totem: $169.47 (Emailed back a half hour later with an offer of $186.42) $123.00

Instant Sale (ebay): $240.00

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Thoughts on the Rumored iPad Mini

According to iMore, who holds an exceptional track record for predicting Apple products, the next generation iPhone 5 is said to be released Friday, September 21 just 9 days after its debut event. So what are the chances that Apple will unveil two incredible devices, the iPhone 5 and this rumored iPad Mini on the same day? Slim to none, or will Apple reward us all and release them within just days of each other?

If this is the case and we will in fact have the opportunity to have a mini iPad in our hands come September, how many consumers are actually interested in purchasing it? Competing with the new $199 Google Nexus and Amazon’s Kindle, I think the biggest thing Apple will have to focus on is the price point. If it’s anything more than $299 they may have a hard time getting it off the shelves, on the other hand if they price it competitively around $199-$249 it would almost be considered an impulse buy for some. CouponCodes4u, on online coupon site polled 1,873 American consumers on their thoughts about the iPhone 5 and the iPad Mini. Of those surveyed, 78% would choose the iPhone 5 rather than the mini – however, the results may be skewed as 77% of the consumers already owned an iPhone and perhaps are just interested in the newest version.

There’s a lot of skeptics wondering why Apple would release a 7″ inch tablet, in fear that it would be too similar to the current iPad or iPhone. However, considering how well the smaller tablet market has been doing and the fact that Apple already owns about two-thirds of the global tablet market, there’s no doubt they’re highly capable of creating a product to compete directly with the others. So if these iPad mini rumors are in fact true it will easily allow Apple to expand their ownership of the tablet market to a bit more than two-thirds. If Apple was smart, which indeed they are, they would release the iPhone 5 with the iPad mini shortly after just in time for the holiday season. Not to get your hopes up but I believe there’s been an increase in talks on the release of an Apple iTV as well?