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2017 saw a lot of excellent phones get released, but it also signified a pretty steep shift in the cost of the devices we know and love. Apple’s iPhone X debuted with its infamous starting price of $999, the Galaxy Note 8 and Google Pixel 2 XL can both set you back $950, and the newly announced Galaxy S9+ will put a dent of $840 in your pocket.
While there’s no doubt these are all excellent gadgets, no one blames you for cradling and soothing your wallet after seeing those prices.
For finance leaders at large retailers and brands, excess and returned inventory can pose a significant drag on working capital and margin performance. With returns projected to cost U.S. retailers $850 billion annually—roughly 17% of total sales—and processing costs ranging…
San Mateo, CA and Chicago, IL, Feb. 11, 2026 (GLOBE NEWSWIRE) — New data from both Circana and B-Stock reveals the age of smartphones traded-in reached an all-time high during the 2025 upgrade cycle, with most devices being three generations…