HT4061 The slider on the opening screen wont 'slide to unlock'?

I have new iphone and trying to clear old phone to pass on but I seem to have got so far and now the slider on opening screen 'slide to unlock' is stuck. I have tried holding on/off key and screen button down. Can anyone help?

Try holding down the on/ff and the home buttons at the same time until you see the Apple logo, it can take up to 30 sec. 

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