Shulou(Shulou.com)11/24 Report--

CTOnews.com, Nov. 8 (Xinhua) the collapse of the yen against the dollar has led to an increase in sales of second-hand iPhone in Japan as consumers try to upgrade at lower prices than buying entirely new products.

The yen has hit a 32-year low against the dollar, which has largely affected the spending habits of the country's residents. Despite being the world's third-largest economy, the Japanese are changing the way they spend money, preferring to buy second-hand goods, including Apple's iPhone.

Reuters reported that the currency change was severe enough to significantly increase the price of iPhone in the country. Although iPhone 14 is launched in the United States at a uniform price of $799 (about 5769 yuan) compared with iPhone 13, its selling price in Japan is 20% higher.

Apple also raised the price of the iPhone 13 series models in July. At that time, the basic 128GB iPhone 13 rose from 99800 yen (about 4920 yuan) to 117700 yen (about 5803 yuan).

"with more than 100,000 yen ($4930), the iPhone 14 is too expensive for me to afford. If only the battery would last for 10 years," commented Kaoru Nagase, a working-class man who chose the second-hand iPhone SE 2 rather than the new iPhone 14, which costs 119800 yen ($814).

Daisuke Inoue, chief executive of Belong Inc, said currency changes had forced the price of the new iPhone 14 to exceed the "major psychological barrier" threshold of 100,000 yen (about 4930 yuan).

Online auction houses and resale sites also boosted sales. Sales of Belong's Nicosuma site, for example, have tripled since Apple raised prices in July.

However, not all of the growth in second-hand phone sales comes from local Japanese purchases. As Japan once again allows foreign tourists to visit, many users buy smartphones used in Japan's local networks, and sales of second-hand phones are also growing.

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