FORTUNE -- Gazelle, those guys in orange hoodies who pay cash for used smartphones, reported a sharp uptick in traffic Friday, the first day customers for the iPhone 5S could lock in the price of their old devices.
That's because there's more than $99 of unlocked value in a used iPhone 4 or 4S.
FORTUNE -- Lost in Wall Street's garment rending (and short selling) over the surprisingly high wholesale price of the iPhone 5C -- $549, too high to sell in quantity in most developing markets -- is the fact that Apple (AAPL) had already telegraphed its plan to sell a different set of phones in India, Brazil, MOREPhilip Elmer-DeWitt - Sep 14, 2013 12:15 PM ET
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