MacRumors: Apple set to ship old iPhones to Third World

To avoid cannibalizing new models, Apple would sell old ones cheap to underserved markets.

FORTUNE -- In early June, Bloomberg's Peter Burrows reported that before the end of the month Apple (AAPL) would launch a trade-in program to make it easier for existing iPhone owners to upgrade to an iPhone 5.

June came and went. July as well, and...

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