top of page

The Resale Revolution: New iPhones Take Market By Storm

In the bustling streets of Singapore, a new phenomenon is sweeping through the tech-savvy populace with the arrival of the iPhone 15 and iPhone 15 Plus – the resale revolution. As Apple enthusiasts eagerly anticipate the latest iPhone release, a thriving ecosystem of resellers and buyers has emerged.

Mr Frankie Nguyen, a iPhone reseller who was recently featured in The Straits Times Singapore, came to Singapore from Vietnam to purchase two iPhone 15 Pro Max Models. These models, which start at a retail price of $1,299, are being sold for $1,900 to $2,500.

Frankie Nguyen is among many resellers hailing from Vietnam. Nguyen Hieu, another smartphone reseller from Vietnam, claims him and a group of 7 will queue for the new iPhones. A student by the name of Bao, says he plans to purchase 20 iPhone 15s with his hard earned savings and to resell them in Vietnam.

The iPhone 15 and iPhone 15 Plus have much more significat changes than the iPhone 14 in 2022. The most significant difference is the change from the Lightnight charging port to a USB-C Port. On top of that, the new models come with a new action button, a titanium frame and the new A17 Pro chip.

In the finance world, Apple stock climbs as early strong demand for the iPhone 15 models climb. After the initial wave of preorders, iPhone 15 sales were off to a great start. But UBC analyst, David Vogt, indicated that initial demand for the “Pro” models is less than previous year’s model.

“At the high end, delivery wait times for the Pro variant across major markets are lower by roughly a week relative to last year including US, Germany, Great Britain, and France,” said Vogt.

Nevertheless, in Singaopre prices for the iPhone 15 are held relatively stable and should hold steady across the board.


9 views0 comments


bottom of page