iPad Resales Jump 700-1000% Alongside Apple's Media Event
MarketWatch reports that sites specializing in gadget resales saw tremendous spikes in iPad interest yesterday, with resale submissions rising 700-1000% as Apple was announcing the fourth-generation iPad and the new iPad mini.
Some 140,000 devices were put up for sale on Gazelle.com Tuesday – a 700% spike from the day before, says Anthony Scarsella, chief gadget officer at the site. Half of that increase occurred in the hours just before the announcement, he says – and the most common model put up for sale was the “new iPad” released just six months ago. Another resale site, NextWorth.com , reported that trade-ins for iPads rose over 1,000% on Tuesday.
Despite the fact that the new models are not launching until November 2, with cellular-capable models coming several weeks later, it seems that users already moving to unload their current devices in order to purchase the new latest models. According to the report, nearly 70% of resale submissions are for the third-generation iPad, with the 32 GB Wi-Fi model currently registering as the most popular resale at Gazelle.
For third-generation Wi-Fi iPads in "flawless" condition, Gazelle is currently offering $250/$300/$350 for the various capacities, giving consumers a substantial amount of money toward the purchase of one of the new models. Gazelle's offers are locked in for 30 days, allowing consumers submitting their resales now time to get at least a Wi-Fi model of either the fourth-generation iPad or new iPad mini before having to send back their current device. The flood of new offers is, however, likely to drive resale offer prices down as the sites seek to balance their stocks.
Note: Gazelle is presently an advertiser on MacRumors.
Popular Stories
Apple will adopt the same rear chassis manufacturing process for the iPhone SE 4 that it is using for the upcoming standard iPhone 16, claims a new rumor coming out of China. According to the Weibo-based leaker "Fixed Focus Digital," the backplate manufacturing process for the iPhone SE 4 is "exactly the same" as the standard model in Apple's upcoming iPhone 16 lineup, which is expected to...
Apple typically releases its new iPhone series around mid-September, which means we are about two months out from the launch of the iPhone 16. Like the iPhone 15 series, this year's lineup is expected to stick with four models – iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max – although there are plenty of design differences and new features to take into account. To bring ...
A widespread system failure is currently affecting numerous Windows devices globally, causing critical boot failures across various industries, including banks, rail networks, airlines, retailers, broadcasters, healthcare, and many more sectors. The issue, manifesting as a Blue Screen of Death (BSOD), is preventing computers from starting up properly and forcing them into continuous recovery...
Israel-based mobile forensics company Cellebrite is unable to unlock iPhones running iOS 17.4 or later, according to leaked documents verified by 404 Media. The documents provide a rare glimpse into the capabilities of the company's mobile forensics tools and highlight the ongoing security improvements in Apple's latest devices. The leaked "Cellebrite iOS Support Matrix" obtained by 404 Media...
Apple is seemingly planning a rework of the Apple Watch lineup for 2024, according to a range of reports from over the past year. Here's everything we know so far. Apple is expected to continue to offer three different Apple Watch models in five casing sizes, but the various display sizes will allegedly grow by up to 12% and the casings will get taller. Based on all of the latest rumors,...
If you have an old Apple Watch and you're not sure what to do with it, a new product called TinyPod might be the answer. Priced at $79, the TinyPod is a silicone case with a built-in scroll wheel that houses the Apple Watch chassis. When an Apple Watch is placed inside the TinyPod, the click wheel on the case is able to be used to scroll through the Apple Watch interface. The feature works...
