News — refurbished

iPhones have always been high on consumer’s bucket list for new gadgets, however, the actual sale statistics have not been able to match the numbers owing to its high price factor. However, this has also given risen to the sale of certified pre-owned and refurbished iPhones globally as these Apple products come at a slashed price.  According to a recent Counterpoint Research report, the global market of the pre-owned and refurbished smartphone is seen to be growing at a CAGR of 13%, with iPhone leading the scene. The burgeoning growth in this segment is attributed to many causal factors that...

Are you also among those millions who long to own an iPhone but the high price range of the Apple manufactured smartphones stands in the way? Now you can fulfill your dream that too without burning a hole in your pocket. The ever-widening pre-owned and refurbished smartphone market has opened a new avenue for iPhone enthusiasts to own one for themselves and experience Apple’s excellent technology. Smartphones contribute to the fastest growing refurbished electronics category. With an astounding growth rate of 13% year-on-year, the refurbished smartphone market is dominated by Apple’s iPhones as accounted in a report by Counterpoint Research....

  The refurbished smartphone market has been on a steep rise owing to the alluring deals and increasing awareness globally. According to a report by Counterpoint, the global refurbished smartphone market has been growing at 10% year on year since 2018. The report also revealed that Apple manufactured iPhones lead the sale of refurbished smartphones globally. The increased demands and adoption of refurbished iPhones have been eminent even in emerging markets globally like South East Aisa and MENA. The growing demand for refurbished iPhones has a number of contributing reasons: Greater residual rate: iPhones haves a slower depreciation as compared...

  If you are using an iPhone, particularly the models like iPhone 5, 5S, 6, or 6S, which are equipped with a headphone jack, you must have has to make rounds of a nearby mobile store to get the clogged headphone jacks cleaned. This is a typical problem that every smartphone user including iPhone users. iPhone users spend hours using our headphones to listen to music, playing games, calling, or video calling to maintain privacy. But spending even one day without headphones is like a punishment for the tech-savvy youth. Like all the other mobile parts, even the headphone jack...

  Over the past few years, the trend of buying pre-used and refurbished smartphones, especially the high-end and expensive ones like iPhones has been on a rise. This global phenomenon has even influenced consumer behavior in Middle Eastern countries like the UAE, Saudi Arabia, Oman, Qatar, and others, so much so that Africa and Middle East Asia have emerged as high potential novel markets for pre-owned and refurbished smartphones.  According to an IDC report, the market value of pre-owned and refurbished smartphones is projected to grow to $67 Billion by 2023. Even as we speak today, over 206.7 million refurbished...