Apple is currently the leading company when it comes to sales of refurbished smartphones, not only in the United States but in the rest of the world as well.
Research from Counterpoint Research reveals that some older iPhones, however, are getting cheaper when they are refurbished because of the lack of 5G.
This makes perfect sense, as the 5G market is growing, and the demand for devices with such capabilities is on the rise. With 4G losing traction, it’s not a surprise that older iPhones are becoming cheaper.
Strong demand for the iPhone 14 Pro
Counterpoint says that right now, iPhone 8, iPhone X, and iPhone 11 spearhead the refurbished market when it comes to refurbished smartphones.
“Apple is the leader in refurbished smartphones globally and in the US. The older iPhone models like the 8, X and 11 series make up the majority in the US secondary market…. (read more)
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