• Your favorite








    , and
  • Higher Resale Value of iPhone 6 and 6 Plus in the US and in China Suggest Strong Demand

    Data from the investment bank, Piper Jaffray, revealed that Apple’s latest iPhone 6 and 6 Plus seem to be reselling at comparatively higher prices than last year’s iPhone 5s and 5c models during the same post-launch period in 2014. This suggests that the demand for the handsets continue to remain strong. To be more specific, the data found that the iPhone 6 and 6 Plus units were going for 72% of their original retail value nine months after launch, compared to the iPhone 5s and 5c which sold at 65% and 53% respectively during the same window of time last year.

    A similar trend was discovered in China where iPhone 6 and 6 Plus models were on sale through online shopping site Taobao for roughly 73% of new retail value eight months after launch. These statistics compare to 65% and 53% for iPhone 5s and 5c over the same period, respectively. In a recent note to investors, PiperJaffay, analyst Gene Munster did warn that extrapolating iPhone demand from resale value was “not a perfect science,” but did mention that the results are a sign of healthy demand. He believes that Apple’s handset will continue to gain momentum in its high-end smartphone segment despite stiff competition.

    As a result, the Piper Jaffray’s analysis bodes well for Apple, which recently sold a record 35.2 million iPhones in the third fiscal quarter of 2014. The larger-screened iPhone 6 and 6 Plus models have also done their share of record smashing since a market debut las September.

    We’ll have to see how well this holds up as time passes by.

    Source: Piper Jaffray via AppleInsider
    This article was originally published in forum thread: Higher Resale Value of iPhone 6 and 6 Plus in the US and in China Suggest Strong Demand started by Akshay Masand View original post