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Millions of UK households are sitting on a stockpile of unused mobile phones, potentially losing billions in trade-in value according to recycling site Compare and Recycle. The study, conducted in collaboration with YouGov, found that 5.68 million UK households have at least three unused, but still functional, mobile phones stored at home. More than half
If you thought iPhones were immune from savage depreciation, look away now. The iPhone 15 series depreciated by 55.57 per cent on average in its first year and is the first lineup in iPhone history to lose more than half of its value in the first 12 months. This is according to a price tracking
Apple iPhone claimed six out of ten UK spots
However the value is expected to dip once Apple launches the iPhone 12
It’s the biggest business crisis of the last 100 years. So how is the industry reacting to the disaster?