Apple is expected to launch their next generation iPhone in the coming weeks. This means that a lot of consumers would want to sell-off their existing unit.

Apple runs a reuse and recycling program which is now offering as much as USD 345 for an old iPhone 4S unit.

This price is the highest available for the iPhone. Conditions:

Apple iPhone 4S (64GB)
Are there light to moderate scratches or scuffs on either the display or case? - No
Has the iPhone been water damaged? - No
Does the iPhone work properly? - Yes
Does the battery fully charge? - Yes
I have -
Removed all content and settings
Supplied the power cord
Are there any cracks or damage to either the display or case? – No

iPhone 4S owners of course could get a better deal if they sell their phones directly through eBay.