And so the new smartphone market is sustained by its pre-owned resale market. On the same site, the Huawei P30 Pro, also in good condition, will now return just £100, less than $130. Customers, too, are staying away, with sales of used Huawei smartphones dropping sharply." According to the newspaper, one reseller "has fielded inquiries from four or five sellers despite offering just $100 to buy the Huawei P30 Pro. The recommended retail price for the Huawei P30 Pro is $1,398."

Source: Forbes May 26, 2019 05:49 UTC