The earth has not quite reached peak smartphone but we’re close and that means the refurbished market for premium models is the fastest growing segment. Who has the most refurbished products? Tom Kang:
Refurbished smartphones are pre-owned smartphones that are collected, rejuvenated or repaired to be sold again in the market… The slowdown in innovation has made two-year-old flagship smartphones comparable in design and features with the most recent mid-range phones. Therefore, the mid low-end market for new smartphones is being cannibalized by refurbished high-end phones, mostly Apple iPhones and, to a lesser extent, Samsung Galaxy smartphones.
What’s old is new.