US smartphone trade-in values increase as global shipments decline
The average trade-in value of smartphones in the US rose in Q1 according to a report, amid a backdrop of declining global shipments of new devices.
US consumers scraped back $865 million through trade-in programs in Q1 2023 in fact, according to figures from Assurant’s latest Mobile Trade-in and Upgrade Industry Trends report, and the average iPhone trade-in value surpassed $200 for the first time since 2021.
Other stats to come out of the report include the fact the top five traded device
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