The phrase refers to the act of exchanging an Apple Watch for immediate monetary compensation. It represents a transaction where ownership of the wearable device is transferred to a buyer in return for a cash payment. For example, an individual may choose this option when upgrading to a newer model or no longer needing the original device.
This practice offers numerous advantages, providing liquidity to the seller and a potentially cost-effective purchase for the buyer. The process allows individuals to recover some of their initial investment in the technology. Historically, trade-in or resale value has been a consideration for consumers when making electronic purchases, and services facilitating such transactions have become increasingly prevalent.