The Business Insider has some new stats on what happens to old smartphones when people are done with them. The article says, for the most part, they just sit around. The author cites a survey by Gazelle, a site that takes trade-ins of old smartphones, tablets, and laptops. As you can see in this chart, 51% of people put old smartphones in a drawer or closet, according to Gazelle’s research.
MarketWatch estimates that all of those old phones sitting around are worth $34 billion. (That’s all phones, not just smartphones.) Companies like Gazelle are trying to get people to sell their smartphones to Gazelle, so they can resell the phones around the world and make a nice profit.
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I’ve cover electronics recycling a number of times on Bach Seat.
Related articles
- Samsung resale prices rival iPhone’s – MarketWatch (marketwatch.com)
Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.