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PAYING £999 for Apple’s iPhone X might seem like a huge expense, but it makes more financial sense than you think. We already knew iPhones held their value better than rival models, but the iPhone X trumps every other Apple smartphone too.
It’s believed that used iPhone X models sell for around 85% of their brand-new price. That works out at roughly £849 for the cheapest iPhone X model (usually £999). Or around £975 for the very top model, which comes with 256GB of storage and typically costs £1,149.
That’s according to B-Stock, a company that helps businesses “liquidate” their excess phone stock.
More from the B-Stock Blog
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When Consumers Pull Back, Where Does Your Excess Inventory Go?
Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…
Case Study: How an Athletic Retailer Standardized Its Disposition Program for Aged Inventory, Boosting Pricing and Efficiency
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…
