Smartphone trade-ins

When the IPhone 5S was the hottest sale of the week, the smartphone used up all their gear for the trade-in market for all their used phones and hurting the apple company. They are using 8% of the spare parts to make a new smartphone 3% a year.

being responsible to make new phones for customers for the upgrades that are due. Making big business for their trade-in services. one man named, Jeff Kagan said "Trade-ins are exploding because the opportunity is clear".  Which made the companies to make money, and the customers to save money.

Now they say that online services like Wal-Mart, Best buy, and Amazon have started their own trade in services just like the apple company. When trade-in programs expand, and the ability to recoup cash for old devices.