Best Buy iPhone trade-in promotion: Trade in Apple (APPL) iPhone 4 or iPhone 4S for new iPhone 5

Promotion begins Friday

CINCINNATI -- If you have an old iPhone lying around, you may be able to trade it in for a FREE iPhone 5.

On June 1, Best Buy gave customers a $150 trade-in credit for any working iPhone 4 or 4S, making the iPhone 5 free. The company said after doing this, it had its biggest day ever for its four-year old trade-in program.

So Best Buy is doing it again.

The promotion begins this Friday and runs for the following 9 days.

The deal is, if you have a working iPhone 4 or iPhone 4S model you can trade it in to get a free iPhone 5 in return.

If Best Buy deems your older phone worth more than the $149.99 price of an iPhone 5, it'll make up the difference with a Best Buy gift card.

To qualify you must be eligible for a phone upgrade with your wireless carrier. You can get a phone from Verizon Wireless, AT&T or Sprint.

The deal also requires you to get a new two-year data plan.

The move by Best Buy comes as the tech retailer adjusts its focus on mobile devices and other popular areas. The tech retail environment is a tough one, and Best Buy itself has been struggling, USA Today reports.

To read more about this offer, go here :

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