Mobile recycling peaks after Galaxy S4 announcement
Monday, March 25, 2013 - 11:04:36
The big reveal of the Samsung Galaxy S4 earlier in the month made headlines across the globe and indicated that this flagship smartphone could be one of the biggest sellers of the year.
It also caused current smartphone owners to start selling their old mobiles online, in order to get ready for its launch.
CNET reports that there was a 33 per cent rise in mobile recycling activity in the week after the Galaxy S4 was announced, which indicates that there is a real correlation between major smartphone launch events and the number of people who want to sell an outdated device.
Of course, you might wonder why people would be rushing to sell their smartphones even if the Galaxy S4 is not actually going on sale until the end of next month.
The reason behind this is all to do with the values assigned to older smartphones by mobile recycling companies. Obviously, once there is a new device on the market with better specs, the last generation of handsets will be a little less valuable.
As such, the savviest consumers have chosen to sell their old phones a little bit early, in order to maximise the amount of money that they get in return.
Interestingly, it was former HTC owners who were keenest to get rid of their old device after the Galaxy S4 launch, since recycling rates for this manufacturer rose by 82 per cent.
This could be bad news for the Taiwanese firm, since it suggests that the new HTC One has not won over existing customers.
The Galaxy S4 may not be as successful in clawing iPhone owners away from Apple, since trade-ins for this gadget did not really alter, following the announcement of Samsung's upcoming high end behemoth.
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