Apple has reduced the cost of replacing older iPhone and Watch models. Android phones that were considered part of the trade-in program also received a trade-in cost reduction. At the same time, the trade-in cost of some older MacBook models has also increased.

The iPhone 13 Pro and Pro Max saw the biggest trade-in cost reduction at $80, while the MacBook Pro will be $40 more expensive. Interestingly, the iPhone 7 Plus only lost $10 while all iPad models remained the same. The Apple Watch SE, Series 5, and Series 7 also lost $5 in trade-in value. You can find a full list on Apple’s website, but here is a list of the most recent tradeoffs:

iPhone

iPhone 13 Pro Max: Up to $570 (vs $650)
iPhone 13 Pro: Up to $470 (versus $550)
iPhone 13: Up to $400 (versus $450)
iPhone 13 mini: up to $350 (vs. $380)
iPhone 12 Pro Max: Up to $400 (vs. $480)
iPhone 12 Pro: Up to $330 (less than $400)
iPhone 12: Up to $300 (vs. $300)
iPhone 12 mini: Up to $250 (vs. $250)
iPhone SE (2nd Gen): Up to $100 (vs. $100)
iPhone 11 Pro Max: Up to $280 (down from $330)
iPhone 11 Pro: Up to $230 (vs. $250)
iPhone 11: Up to $200 (vs. $200)
iPhone XS Max : Up to $200 (vs. $200)
iPhone XS: Up to $160 (vs $160)
iPhone XR: Up to $150 (vs $150)
iPhone X: Up to $130 (versus $130)
iPhone 8 Plus: Up to $100 (vs. $100)
iPhone 8: Up to $75 (versus $75)
iPhone 7 Plus: Up to $50 (down from $60)
iPhone 7: Up to $40 (versus $40)

ipad

iPad Pro: Up to $445 (vs 445)
iPad Air: Up to $230 (versus $230)
iPad: Up to $160 (versus $160)
iPad mini: Up to $240 (vs. $240)

Poppy

MacBook Pro: Up to $670 (versus $630)
MacBook Air: Up to $460 (versus $440)
MacBook: Up to $110 (versus $100)
iMac Pro: Up to $600 (vs $600)
iMac: Up to $530 (versus $600). US$530)
Mac Pro: Up to $1,250 (vs $1,250)
Mac mini: Up to $340 (versus $305)

apple watch

Apple Watch Series 7: Up to $160 (less than $155)
Apple Watch Series 6: Up to $105 (versus $105)
Apple Watch SE: Up to $65 (less than $70)
Apple Watch Series 5: Up to $75 (vs. 80)
Apple Watch Series 4: Up to $45 (versus $45)

This year was not the best for smartphone sales. In the fourth quarter of 2022, global smartphone shipments fell to the lowest level since 2013. IDC attributes this to a significant drop in consumer demand, inflation and economic uncertainty.

On the other hand, demand for used smartphones is expected to increase dramatically worldwide in 2022, with IDC predicting a 10.3% annual growth rate through 2026. That said, it’s worth noting that IDC expects a decline in used smartphone supply for North America.

Apple says the swap program helps recycle old devices. But slow upgrade cycles in recent years, combined with falling costs, won’t do much to encourage people to buy newer models. Of course, it’s not surprising to see this change, but the drop in sales will definitely hurt.