Dive Summary:

• Walmart Stores has launched an exclusive new online program titled “Gadgets to Gift Cards” which offers its customers the ability to exchange their old electronic devices for Walmart gift cards.
• The company began the program earlier this month and hopes the new trade-in service will entice consumers to upgrade their devices to newer models. Walmart has not stated if they intend to re-sell the used gadgets.
• "Customers can visit www.walmart.com/gadgetstogiftcards for an offer on their used gadgets — like $225 for an iPhone 4S 64GB, $175 for a Samsung Galaxy SIII 16GB, or $250 for an iPad 3 in working condition," said Walmart in a public statement.

From the article:

Walmart accepts smartphones, video games and game consoles, MP3 players, tablets, e-readers, computers, cameras and GPS devices. Selecting the device to trade-in, as well as its condition, leads to an instant appraisal quote. The gift card can be used on any item.