Short supplies of Apple iPhone 6 Plus keep resale prices high

Advertisement
Apple is still equipped with difficulties meeting demand to the 5.5-inch Apple iPhone 6 Plus. This really is reflected in the value on the phablet on various sites like eBay and Taobao. Piper Jaffrey analyst Gene Munster and his team monitor the final 50 auctions for every handset, in an effort to gauge a value for every phone.

Short supplies of Apple iPhone 6 Plus keep resale prices high

Munster discovered that 42 days after launch, the Apple iPhone 6 Plus was being purchased at the normal price of 124% on the phone's retail price. That's over the resale price to the Apple iPhone 5s at the exact point last year. 42 days after that model was released, it was actually selling for 119% of the total retail price. The Apple iPhone 6, that has not encounter any supply concerns recently, is now being sold at 94% of the retail price.

Munster says the continued demand to the iPhone 6 Plus suggests that #bendgate wasn't a factor for buyers interested inside the model. The analyst also noted the resale pricing to the Apple iPhone 5s and Apple iPhone 5c dropped greater than usual once the current models were introduced. That may need something related to the wider screens upon the new units. The retail price to the iPhone 6 Plus is $749 (16GB), $849 (64GB) and $949 (128GB).

" We view this greater decline being expected given this year's 6 and 6+ hardware improvements tend to be substantial, which we believe makes last year's model slightly less desirable in comparison to an S upgrade cycle " -Gene Munster, analyst, Piper Jaffray. Like a comparison, 42 days following the launch on the Samsung Galaxy S5, that phone has been sold for 81% of the retail price on eBay.
Advertisement