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Apple may launch an iPhone trade-in program in its retail stores as soon as next month.

The tech site 9 To 5 Mac posted the news yesterday, saying Apple would use the program to improve iPhone sales in stores. Apple CEO Tim Cook reportedly told employees that 80 percent of iPhones are sold somewhere other than Apple retail stores, according to 9 To 5 Mac.

The expected launch of the program comes around the same time as the rumored launch of the new iPhone. Apple is hosting an event on September 10, at which many tech experts predict the company will launch its next smart phone.

Reports of Apple's buyback program first broke in June, but hadn't been implemented at all retail locations. Techcrunch, however, says Apple has been piloting the program at some stores for several weeks.

The retail stores would offer up to $200 for an iPhone 4 or 4s, and up to $250 for an iPhone 5, according to Techcrunch.

Apple's current recycling program is mail in only. Customers can receive an Apple gift card for an old device if it still has monetary program through the program. Regardless of value, Apple recycles old devices with the program.

Best Buy, Verizon Wireless and AT&Thave been offering their own trade-in programs for a few months.

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