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The iPhone X didn’t just set a new record for iPhone pricing, it’s also reportedly doing the same for how well it holds its resale value. Liquidation specialist B-Stock says that high demand is seeing used models sell for an average of 85% of the original price …
Even bulk purchasers, such as companies buying returns from retailers, are paying around 75% of retail. B-Stock says that this is a substantially higher percentage than previous iPhone models sold at the same time in the product life-cycle.
Within the last few months, Big Lots, Channel Control Merchants, and American Freight have each announced bankruptcy. The immediate future looks different for each of these organizations, and while these developments were somewhat expected to those in the know, they’re…