The number of iPhones recycled in the UK is set to increase by 50% over the next month as consumers cash in on their devices ahead of the highly anticipated launch of the iPhone 5.
Recycling price comparison site CompareMyMobile.com is predicting that the number of phones recycled in the UK will increase by 20% to 18 million by the end of this year. Commercial director Andrew Beckett said: ‘Where we are seeing growth is in a huge increase in volume of Apple devices ahead of the next iPhone coming out. When the iPhone 4 and 4S were released, we saw a huge spike in the 3G 8GB model being traded in.’
Details of Apple’s next generation iPhone are expected to be unveiled next month. UK sources told Mobile they are working towards a September launch date.
Beckett, who was previously head of online business at 20:20 Mobile, founded CompareMyMobile.com in 2009. He said consumers have become increasingly aware of the value of their handsets and are more likely to use recycling services. CompareMyMobile.com compares recycling rates from 40 different companies.
Meanwhile, research commissioned by the site estimated that there are more than 49 million old or unused phones in the UK, worth more than £1bn.
More than half of the UK population has an unused handset in their house, with 14% having more than four dormant devices.