Why used Xbox, iPhone, and Macbook sales are surging
Getty Images; Tyler Le/BI Angie Cardona-Nelson has been recycling tech waste and selling refurbished laptops, smartphones, and tech accessories for nearly two decades. When she lists laptops on eBay, they typically sit for a few weeks before someone buys. But in recent weeks, they're selling in just hours at her full asking price, she says. Costs of new tech devices are surging. In June, Apple announced it would raise prices on some Macs and iPads by 20 and 25%, respectively, making MacBook Pros jump by $300. The sticker shock followed Apple CEO Tim Cook's warning that a shortage of memory chips amid the feverish AI buildout push would make higher costs "unavoidable." Dell and Microsoft have hit the same pitfall; Microsoft's Surface PCs now cost as much as $500 more than they did two years ago, and Xboxes will go up by about $150 later this summer. "Because new tech is becoming more expensive, now consumers are just looking for value," Cardona-Nelson...
