Now Reading: Price-conscious Indians drive refurbished iPhone 16 demand
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Price-conscious Indians drive refurbished iPhone 16 demand
ndtvprofit.com reports that rising prices of new smartphones are pushing middle-class Indian buyers towards certified refurbished iPhones, especially the iPhone 16. The second-hand smartphone market in India is expected to grow 12%…
The Story in Brief
ndtvprofit.com reports that rising prices of new smartphones are pushing middle-class Indian buyers towards certified refurbished iPhones, especially the iPhone 16. The second-hand smartphone market in India is expected to grow 12% in 2026. Consumers are attracted by savings of up to 40% on devices that come with warranties and quality checks from certified sellers.
The Indian Opinion
The narrative that 'Indians always want the latest gadget' ignores simple arithmetic. A new iPhone 16 now costs nearly the same as a mid-range sedan's down payment. The real story is the quiet rise of the pragmatic buyer, not brand loyalty. The test is whether refurbished market growth hits 12% next year, or whether it accelerates further if prices keep rising.
Source: ndtvprofit.com
This story was synthesised by AI from the source linked above.
