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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.
Today’s consumer purchases happen more rapidly than ever, making returns an unavoidable aspect of the shopping experience. Every year, billions of dollars worth of returned goods make their way back to retailers, often resulting in excess inventory. Many of these…