Consumers earned over $3 billion from smartphone trade-ins last year with iPhone twice Android’s worth
February 23, 2022
Assurant released its 2021 Annual Trade-in and Upgrade Industry Trends report, and the results are intriguing. Through smartphone trade-in and upgrade programs, consumers earned over $3 billion in 2021. This amount is up by nearly $1 billion from 2020.
Key findings from the report:
There was a 220% increase in online trade-ins between Q3 and Q4 2021.
iPhones (including iPhone XR, iPhone 11…