Reply to post: Re: There's disposable income then there's

Nobody in China wants Apple's eye-wateringly priced iPhones, sighs CEO Tim Cook

Gordon 10 Silver badge

Re: There's disposable income then there's

Thats not market value though. Trade-ins are always significantly below what the market (ebay etc) will pay both to allow the company operating the trade in (which isnt Apple) to make a profit* and because many of the trade ins wont be minters, and require extensive refurbishment.

*Im willing to bet that Apple also gouge the Trade In company for its blessing to operate the the trade in scheme too.

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