Blibli Open Pre-order iPhone 14 and iPhone 14 Pro on October 28, 2022

After the launch of the iPhone 14, prices for a number of much older models like the 8, 11 and XR have dropped by around 22%.

As these models are mostly refurbished smartphones, the overall average selling price of iPhones in the US secondary market will certainly remain stable or decline in the coming months.

“The fourth quarter of 2022 (Q4 2022) will be the deciding factor here. With the discontinuation of models like the iPhone 12 Mini, 13 Pro and 13 Pro Max, many consumers are likely to look to the secondary market.

And with the strong offering on the iPhone 14 series, the iPhone 13 series collection is sure to grow, promising a good offer in the US market, ”Counterpoint said.

While the price of the iPhone 13 series in the secondary market has increased significantly after the launch of the iPhone 14 series; Trade-in supply for the iPhone 14 series will inevitably also come from much older iPhones such as the X and 11 series.

A big factor that can cause this is a longer ownership period. Consumers in the United States use their smartphones on average 3 years and 7 months; it was quite high compared to previous years.

The duration of the ownership will remain at this level for some time to come.

(Ysl / Isk)