Sell that old iPhone now, or never

Regardless of whether or not an iPhone is a good phone to buy or not, it always does sell outrageously well every year. And every year, a legion of fanboys scramble to find the money to buy the newest model. And in this  scramble to find cash, many turn to ebay in order to sell their phones. If you are one of those hoping to sell your phone in the coming weeks, you may be in for a nasty surprise.

According to data collected by the electronics recycler NextWorth, the going rate for a used iPhone declines steeply after the announcement of Apple's next product.

Cue Graph:

So the lesson leaned is sell your iPhone before it's too late.