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Even in the Quickly Growing Refurbished Smartphone Market Apple's Pricing seems to be Defying Gravity
Apple recently began selling refurbished iPhones officially through its online store for the first time earlier this month.You were able to trade in your iPhones for some time now, but Apple used a third party to refurbish and resell the older iPhones.Even Apple's refurbished iPhones cost more that some new Android smartphones to show you the pricing power that Apple has.
World's Fastest-Growing Smartphone Market Could Become a Manufacturing Hub
Prime Minister Narendra Modi has struggled in his campaign to bring more manufacturing jobs to India.But he now has an alluring incentive for technology companies to build more plants in his country: the fastest-growing smartphone market in the world.India currently contributes only about 6 percent of the value of phones sold in the country through local manufacturing or assembly, but that contribution could rise to more than 30 percent in the next five years, according to a joint study by Counterpoint Research and India's leading management school, the Indian Institute of Management in Bangalore.
China Lent the Smartphone Market Momentum in Q3: Gartner
Samsung had it rough during the third quarter (Q3) of 2016.After a brisk start to Q3, a string of fires caused by faulty batteries forced the world's leading smartphone maker to recall its Galaxy Note 7.Samsung saw its smartphone sales dip 14.2 percent, compared to last year (71.7 million in Q3 2016 versus 83.6 million in Q3 2015), said Gartner in its latest market snapshot.
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