Apple iPhone trade-ins surge prior to Samsung Galaxy S5 unveiling

According to SellCell.com, Monday's introduction of the Samsung Galaxy S5 at MWC was preceded by a surge in trade-ins of the Apple iPhone. Last weekend, the site saw a 48% increase in the volume of transactions involving Apple's iconic smartphone. The insinuation, of course, is that some Apple iPhone owners were raising cash in preparation of pre-ordering the latest iteration of Samsung's flagship Android phone.



The basic laws of supply and demand apply here, which means that the increase in iPhone trade-ins has led to lower prices received by those selling their old iPhones. Even prior ...