FUTURE READY: iPhone X TRADING SEASON UPDATE
A beautifully crafted product, the iPhone X exceeds all expectations when it comes to luxury. I recall the Nokia 8810 series that used to be the epitome of craftsmanship that would come close to the iPhone X in terms of aesthetics. Samsung Note 8 is great but the steel and glass make the iPhone X stand out in the crowd, I guess a 1000$ well spent.
On the trading ground, the usual situation of too much stock and too many players has kicked in. This was anyway supposed to be a savior after the iPhone 8 debacle but I guess the circle has been completed and the losses have kicked in for now. Once the stock gets depleted only then the realistic picture would come in but as we know the prices seldom go up and stay static.
A good news however for Apple as iPhone 8 has started to trade well and all capacities except the 8+ 256 are up in demand. There is an oversupply for this model from the US. iPhone 7 is in short supply prompting the 8 to move above in ranks. Trading margins however in iPhone 8 are still bleak but the traders stuck with stock are having a sigh of relief.
On the Iran mobile market front, the IMEI block is in full swing and consumers buying smuggled goods are receiving warnings to pay the duties.
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