The Apple iPhone dominated world shipments of second-hand smartphones with the system accountable for a dominating 62% of deliveries through the second quarter of this 12 months.
Samsung telephones had been a distant second with 18% of such shipments over the three months from April by means of June. Organized second-hand smartphone gross sales rose 7% within the quarter based on
data 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 significantly robust in North America and Samsung carrying Latin America, Europe, and the Center East and Africa. However though the delivery 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 attributable to the recognition of older units such because the iPhone 11 collection. Whereas costs for the 2019 telephones have declined sharply in recent times, 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.
“Shopper demand for second-hand smartphones is accelerating, with low-cost iPhones remaining the preferred pre-owned units. Our knowledge confirms this, displaying that market quantity and worth is dominated by Apple merchandise. Consequently, shifts in demand for iPhones are a very powerful 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 position in figuring out how effectively the second-hand smartphone market is appearing. For instance, the soon-to-be-released
iPhone 16 line might generate robust gross sales within the major market. This might be anticipated to lead to a big stream 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 12 months because of Apple Intelligence, Apple’s AI initiative, most of the greatest AI options will not be out there to supporting fashions (
iPhone 15 Pro,
iPhone 15 Pro Max,
iPhone 16,
iPhone 16 Plus,
iPhone 16 Pro, and
iPhone 16 Pro Max) till
iOS 18.2 is launched in December. Bloomberg’s Mark Gurman believes that we can’t see an iPhone supercycle till subsequent 12 months. Nonetheless, robust demand for the
iPhone 16 collection might add recent provide to the second-hand market.
One other issue enjoying a giant position in Europe is the Radio Tools Directive which fits into impact on December twenty eighth and requires all imported units to come back with a USB-C port. The purpose is to scale back e-waste by lowering using proprietary chargers. CCS Perception believes that this may cut back provide in Europe’s secondary market by 8 million items by 2025.
For this 12 months, CCI Perception expects the worldwide organized secondary smartphone market to outperform final 12 months’s outcomes. It additionally says that the second-hand smartphone market will do higher than new units as shoppers perceive the benefits of shopping for second-hand expertise to economize and assist the surroundings.
