The next generation of iPhone will be released in just 4 days. Many who have refrained from buying the first iPhone are greatly anticipating this new, improved and de-bugged second generation iPhone. However, that’s not the only group demanding the next generation of iPhone, the current iPhone owners are also really reluctant on keeping their iPhones. And for those people who want to sell their iPhone in order to “upgrade” it, here’s something for you.

Questions you may have before selling your iPhone:

• When to sell the iPhone?
• How to reset everything?
• How to market your iPhone?
• Where to sell your iPhone online auction(Ebay & Craigslist) or international?
• What to do if you have a locked or unlocked iPhone?
• more..

Cultofmac posted a tutorial on how to sell the first generation iPhone. The tutorial provides helpful information on when to sell, how to market and what to watch out for when selling the locked and unlocked iPhone of yours.