Wednesday, June 24, 2015

iPhone 6 Resale Value Grows, Analyst Says

The iPhone 6 and 6 Plus is Apple’s latest smartphone or handsets, and with that said, many folks will write-up nearly anything about the latest and greatest products out there. Which brings us to this exact point, an analyst recently made some evaluations about Apple’s iPhone 6 compared to the iPhone 5s and iPhone 5c and pointed to some interesting things.

The iPhone 6 was released back in September, or I should say the iPhone 6 and the iPhone 6 Plus were announced last September on the 19th. However, it’s been noted that the two new smartphones from Apple are outshining both the iPhone 5s and iPhone 5c in resale value.
In addition, Apple sold a big record of 74.5 million handsets, which is 46% more devices than the smaller record that was done in the previous year. Since the handset is increasingly popular among folks, the demand has increased considerably. Moreover, the new iPhone represents Apple’s promise of that demand, helping the device win more customers while gaining lost market share.
The analyst is none-other than Gene Munster himself, with the silly track record of the Apple TV which never appeared, he did some research and C/Net quoted some of his listings, you can read them below…
“Tracking the prices of all four iPhones on both eBay in the US and Taobao in China, Piper Jaffray analyst Gene Munster found a significant difference in resale value as detailed in an investors note released late Tuesday.
Nine months following the launch of the iPhone 6 and 6 Plus, used models were selling on eBay for 72 percent of the price of new models. In contrast, used editions of the iPhone 5S and 5C were selling for just 60 percent and 48 percent of the full retail price, respectively, also at nine months post launch.”
Although the analyst or Gene Munster acknowledges that this information on resale value as an indication for new iPhone demand is not great or “perfect science,” but he does believe that it points to an encouraging direction for future sales. The analyst expects sales to increase with demand and gain more share at the top-end of the smartphone market.
In addition, since China and the U.S. are the worlds biggest customers for Apple’s iPhone, if the resale value for the device increases for the iPhone 6 and 6 Plus, this could be a good significant change. What’s your thoughts on this? Do you think Gene Munster is on to something or no? Let us know in the comments below.
Source info: C/NetPiper Jaffray

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