Microsoft is now buying iPhones in exchange for a $200 gift card for the Microsoft Store. It’s a limited time promotion that started on September 27th and will end on November 3rd. Anyone looking to get rid of an iPhone 4s or 5 can get a nice chunk of change towards a Microsoft device of their choice.
You can only trade one iPhone per person, and it must come with the power cord and not be password protected. You also have to trade it in a Microsoft retail store; the deal is not available online.
It couples nicely with Microsoft’s current iPad purchase promotion that’s giving the same reward for second, third and fourth generation iPads. That promotion ends on October 27th.