Main Reason Old iPhones Fetch $200: Hoarding

People have $9B worth sitting at home, unused, says MarketWatch

By John Johnson,  Newser Staff

Posted Feb 20, 2013 12:21 PM CST

(Newser) – Got any old phones kicking around? Probably, according to a new survey noted by MarketWatch. US consumers are sitting on about $34 billion worth of the old devices, based on current trade-in values. About half of US consumers have at least two. And of that...   Read full story »


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