Recycle Your Old iPhone for an Apple Gift Card.

Apple Recycling Program

 

The online wizard lets you select the model, color and condition of your iPhone 4S, and will then provide an estimated value of the device. Naturally, its value diminishes if there are scratches, water damage and other issues.

If you agree and are able to send the power cable along with it, Apple’s recycling partners will then send you a gift certificate, which can be redeemed against a new purchase on its online store.
Perfect, if you’re waiting for the new iPhone to launch and don’t want that cash burning a hole in your pocket.

Reuse and Recycling extends to other Apple devices, including iPads, Macs and even PC computers. If your device qualifies after being sent in for assessment, the gift card you receive can be used at any Apple retail and online store. If not, the company says it will recycle it for you at no cost.

Other third-party retailers, such as eBay, also sell the iPhone 4S. A quick look at the site shows the device going for much higher prices, often upwards of $500.