Wednesday, October 16, 2024
iPhoneNews

Apple’s iPhone leads global refurbished smartphone market with 40% share

The global refurbished smartphone market grew 15% year-over-year in 2021, according to Counterpoint Research. Apple’s iPhone led with more than 40% share in the global market, adds the research group.

 Samsung was a distant second but growing in volume. Chinese brands saw a growth spurt in select markets like China and India. The Latin America and India markets registered the highest growth.

Counterpoint says that refurbished models are increasingly being sold through carriers in mature markets. However, retail channels are growing in most key countries.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.