Apple plans China iPhone trade-in programme with Foxconn - Bloomberg

(Reuters) - Apple Inc plans to introduce a trade-in programme for iPhones in China in association with the Foxconn Technology Group, Bloomberg reported, citing people familiar with the effort. Under the programme, consumers will be able to exchange older iPhones at Apple stores in China for credit against the company's products starting March 31, Bloomberg reported. Chinese demand for larger-screen iPhones helped fuel Apple's record profit of $18 billion (12 billion pounds) in the fina