For more than three years, Milliamp LTD, which owns the website ipodjuice.com and has been providing iPod battery kits, has just announced a brand new buy-back program for used first generation Apple iPhones.

Including the capacity and overall condition of the device, the dollar amount a person can receive for a used iPhone depends on several factors. While the company would prefer a functioning iPhone in great condition, they will also accept iPhones that are in less-than-perfect condition.

The owner of the ipodjuice.com website, Anthony Magnabosco, declared: "A used iPhone in good working order is valuable to our iPhone repair company."

As they are received into the iPod repair shop before being used, or could perhaps even be used to repair other iPhones, since finding reliable parts for the Apple iPhone can be challenging, a gently-used iPhone can be used to test out new parts.

Don't even think about donating it, if your iPhone has taken a dip in water: even if you find that the phone still works, it is likely the water has damaged (or soon will damage) the components inside the device, rendering the phone un-repairable.

The high-quality ipod and iphone parts that you receive from ipodjuice.com, fortunately, are tested out and covered for one full year, which is far more than what most iPod repair and iPhone repair companies offer.

Magnabosco continues: "Customers are often surprised to find that their old Apple iPhone can be sold for a very good price and they can then use that money to purchase a brand new iPhone."