“An influx of aging iPhones in the secondary market could be a key indicator of Apple’s holiday season success, according to Nik Raman, co-founder and CEO of resale website uSell.com,” Michael Newberg reports for CNBC.
“On CNBC’s ‘Fast Money,’ Raman said the offer price for the iPhone 4s fell by some 50 percent leading up to the 2014 holidays. That drop, he said, indicated a flood of devices into the market, as people looked to unload their older phones after upgrading to newer models like the iPhone 6 and 6 Plus,” Newberg reports. “‘What we found was that the depreciation for the 4s this year is far more steep and dramatic than the 4 was last year,’ he said.”
Newberg reports, “Raman’s findings mesh well with a report published by analytics firm Flurry at the end of December. By tracking total device activations from Dec. 19-25, Flurry concluded that Apple products accounted for more than 51 percent of all new device activations the week up to and including Christmas day.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Edward W.” and “Arline M.” for the heads up.]