“When Apple makes its long-awaited foray into the iPhone resale market, experts say, it may force rivals like Gazelle to improve their trade-in deals for customers — in the short-term, at least,” Quentin Fottrell writes for MarketWatch.
“Apple is training retail staff to handle trade-ins, according to the blog 9to5Mac,” Fottrell writes. “Customers should benefit from Apple’s entry into the market, as rivals will likely sweeten their deals, experts say. Apple’s trade-in program will give consumers more options for selling used iPhones, says Louis Ramirez, senior editor at DealNews.com. ‘It won’t directly affect sites like eBay and Craigslist, but it will force other trade-in sites like Gazelle and Amazon Trade-In to remain competitive,’ he says.”
Fottrell writes, “Although Apple is unlikely to offer customers more than resale sites for used iPhones, ‘it will be a welcome option for people who don’t have the patience to send gadgets back and forth in the mail,’ Ramirez says.”
Read more in the full article here.
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