The Apple iPhone dominated world shipments of second-hand smartphones with the gadget chargeable for a dominating 62% of deliveries through the second quarter of this yr.
Samsung telephones have been a distant second with 18% of such shipments over the three months from April via June. Organized second-hand smartphone gross sales rose 7% within the quarter based on
knowledge from CCI Insights.
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Second-hand smartphones initially produced by
Apple and
Samsung had particular areas the place they outperformed with the iPhone notably sturdy in North America and Samsung carrying Latin America, Europe, and the Center East and Africa. However regardless that the transport quantity of second-hand telephones rose in Q2, pricing was decrease resulting in a 13% decline within the worth of second-hand telephones shipped to $7.7 billion.
The decline in second-hand smartphone pricing was brought on by the recognition of older gadgets such because the iPhone 11 sequence. Whereas costs for the 2019 telephones have declined sharply lately, the three fashions (iPhone 11, iPhone 11 Professional, and iPhone 11 Professional Max) made up a big share of the shipments of beforehand used handsets.
“Client demand for second-hand smartphones is accelerating, with low-cost iPhones remaining the preferred pre-owned gadgets. Our knowledge confirms this, displaying that market quantity and worth is dominated by Apple merchandise. Consequently, shifts in demand for iPhones are an important issue affecting the market on a quarterly foundation.”-Leo Gebbie, Principal Analyst and Director, Americas,
You may not give it a lot thought, however demand for the present
iPhone 16 vary performs an enormous function in figuring out how properly the second-hand smartphone market is appearing. For instance, the soon-to-be-released
iPhone 16 line might generate sturdy gross sales within the major market. This could be anticipated to end in a big circulation of newer traded-in iPhone items to the secondary pre-owned market.
Apple dominated world second-hand smartphone gross sales through the second quarter. | Picture credit-CCI Perception
Whereas some analysts have been calling for an iPhone supercycle this yr due to Apple Intelligence, Apple’s AI initiative, lots of the finest AI options will not be obtainable to supporting fashions (
iPhone 15 Professional,
iPhone 15 Professional Max,
iPhone 16,
iPhone 16 Plus,
iPhone 16 Professional, and
iPhone 16 Professional Max) till
iOS 18.2 is launched in December. Bloomberg’s Mark Gurman believes that we can’t see an iPhone supercycle till subsequent yr. Nonetheless, sturdy demand for the
iPhone 16 sequence might add contemporary provide to the second-hand market.
One other issue enjoying a giant function in Europe is the Radio Gear Directive which fits into impact on December twenty eighth and requires all imported gadgets to come back with a USB-C port. The purpose is to cut back e-waste by lowering the usage of proprietary chargers. CCS Perception believes that this can scale back provide in Europe’s secondary market by 8 million items by 2025.
For this yr, CCI Perception expects the worldwide organized secondary smartphone market to outperform final yr’s outcomes. It additionally says that the second-hand smartphone market will do higher than new gadgets as customers perceive the benefits of shopping for second-hand know-how to economize and assist the surroundings.
